asked 32.7k views
0 votes
What would be the advantage of the Federal Advisory Councils having three different councils?

asked
User Yamila
by
7.2k points

1 Answer

1 vote

Answer:

Monetary policy is a very complicated topic, with many issues associated with it. If the Federa Advisory Council has three different councils, it means that it can take into account other opinions in order to better set the monetary policy.

This would be an advantage as long as the new people in the three different councils are knowledgeable about the subject, so that they can give sound advice and contribute to the goal of implementing the appropriate monetary policy.

answered
User Piotr Olaszewski
by
7.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.