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:
Verified
Q1: When the Federal Reserve was created in
Q3: Which of these are among the primary
Q4: Currently, the power of the Federal Reserve
Q5: In the early days of the Fed,
Q6: At its inception and during its early
Q7: When not responding to global financial meltdowns,
Q8: In the early stages of the 2007
Q9: Which of these categories is the largest
Q10: Following the Great Depression, the power of
Q11: The board of governors of the Federal
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