Federal Reserve Board of Governors a. is structurally independent of the executive and legislative branches of the federal government. b. serve at the pleasure of the president similar to other cabinet positions. c. report directly to Congress and are controlled by Congress.

Question 18 multiple choice worth 3 points) (american money lo 4 hc) suppose the federal reserve raises interest rates. which of the following predicts the most likely results? the money supply will decrease, meaning that banks will give fewer loans and prices for goods and services will fall. the money supply will decrease, meaning that more people will buy goods and services and prices will rise, the money supply will increase, meaning that banks will give more loans and more businesses can open and hire workers. the money supply will increase, meaning that prices will rise and businesses will not hire many workers. i will mark the brainliest