Maria's conclusion to her essay on the Federal Reserve System reads, "While the Fed is still controversial in some fringe groups, most Americans know that the Fed set the interest rate to 1.75% in October 2019." What is the best rewrite of her conclusion?(1 point)
Responses
A.No change is necessary.
B.President Woodrow Wilson established the Federal Reserve bank in 1913, yet it was not enough to prevent the Great Depression.
C.While the Fed is still controversial in some fringe groups, most Americans appreciate the stability it brings to our financial system.
D.Interest rates affect mortgages and retirement savings, so most Americans know that the Fed set the interest rate to 1.75% in October 2019.
1 answer
C. While the Fed is still controversial in some fringe groups, most Americans appreciate the stability it brings to our financial system.