Members of the Federal Reserve Board of Governors are appointed for one 14-year term so that they
A) Have time to learn how the Fed operates.
B) Are more likely to make politically acceptable decisions.
C) Make their decisions based on economic,rather than political,considerations.
Correct Answer:
Verified
Q1: The Federal Reserve holds deposits from
A)Consumers.
B)Banks.
C)The U.S.Treasury.
Q2: Monetary policy involves the use of money
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
Q8: Members of the Board of Governors are
A)Elected
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
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