The members of the Board of Governors of the Fed are appointed by which of the following?
A) The President, with the advice and consent of the U.S. Senate
B) The President, with the advice and consent of Congress
C) The U.S. Senate, with the advice and consent of Congress
D) The U.S. Senate, with the advice and consent of the President's Economic Advisory Board
Correct Answer:
Verified
Q2: As a result of the Banking Acts
Q3: After the banking reforms of the Great
Q4: The core of the Federal Reserve System
Q5: Who appoints the chairperson of the Federal
Q6: The reason the original Federal Reserve Act
Q8: The "Policy Directive"
A)is the set of instructions
Q9: The Federal Open Market Committee (FOMC)
A)formulates monetary
Q10: Which of the Presidents of 12 Federal
Q11: The FOMC meets eight times a year
Q12: Monetary policy has two objectives:
A)to ensure that
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