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Which of These Is Currently True for the Chair of the Federal

Question 2

Multiple Choice

Which of these is currently true for the chair of the Federal Reserve?


A) The chair position is a term of just two years and is nonrenewable.
B) The chair position requires a background in economics or finance; the four-year term is renewable.
C) The chair position requires a background in banking or finance; the two-year term is nonrenewable.
D) The chair position has no formal qualifications; the four-year term is renewable.

Correct Answer:

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