The Fed is directed by a board of governors whose seven members
A) serve for 14 years.
B) hold office during good behavior,in essence a lifetime appointment.
C) serve for 4 years.
D) retain their seat as long as the president who nominated them is in office.
E) serve for no more than three consecutive 6-year terms.
Correct Answer:
Verified
Q41: Monetary policy includes all of the following
Q42: Monetary policy differs from fiscal policy in
Q43: The Federal Reserve System
A)was created in 1933.
B)is
Q44: Explain the difference between economic efficiency and
Q45: The Fed chair
A)is appointed by the president,with
Q47: The total cumulative amount the federal government
Q48: The Federal Reserve plays a large part
Q49: The federal government has assumed a permanent,strong
Q50: When was the last time the U.S.government
Q51: Define the term monetary policy,and describe three
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