What is one way in which the Federal Reserve's Board of Governors is politically insulated?
A) Members are elected by the people rather than appointed by the president.
B) The members rely on Congress for their salaries.
C) The members serve life terms.
D) The president cannot fire any member before the end of the 14-year term.
E) They receive their authority from the international economic community.
Correct Answer:
Verified
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