The Board of Governors consists of ________ governors appointed for staggered ________ terms.
A)5; 12-year
B)5; 14-year
C)7; 12-year
D)7; 14-year

Name: The Board of Governors consists of ________ governors appointed for staggered ________ terms. A)5; 12-year B)5; 14-year C)7; 12-year D)7; 14-year
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Question

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The Federal Reserve System is overseen by a seven-person Board of Governors. The Board's members are appointed for staggered terms to ensure continuity of policy.

The Board of Governors Consists of ________ Governors Appointed for Staggered