Question

The Federal Reserve operates independently from the executive branch of the federal government.

Which of the following is not a perceived advantage of the Fed's independence?

Answer 1

One perceived disadvantage of the Federal Reserve's independence is the lack of direct accountability to the executive branch of the federal government.

Step-by-step explanation:

The perceived advantages of the Federal Reserve's independence include insulation from political forces and the ability to make policy decisions based on economic grounds. However, one perceived disadvantage of the Fed's independence is the lack of direct accountability to the executive branch of the federal government. This means that the President cannot ask for the resignation of a Federal Reserve Governor as they can with cabinet positions, making it difficult for the executive branch to directly influence the Fed's decisions or actions.