Members of the Board of Governors are
A) Elected by the people and confirmed by the president.
B) Appointed by the president and confirmed by the Senate.
C) Selected by each new president at the same time the cabinet is chosen.
Correct Answer:
Verified
Q3: Members of the Federal Reserve Board of
Q4: The Federal Reserve System was created by
A)The
Q5: The creation of a Federal Reserve System
Q6: The Federal Open Market Committee includes
A)All 7
Q7: The use of money and credit controls
Q9: Which of the following services is performed
Q10: The current chairman of the Federal Reserve
Q11: The Federal Open Market Committee meets
A)Twice per
Q12: The money supply (M1)includes currency held by
Q13: The Federal Open Market Committee is responsible
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