The directors of a district bank are classified into three categories: A,B,and C.The three B directors are
A) professional bankers.
B) prominent leaders from industry, labor, agriculture, or the consumer sector.
C) elected by the board of governors to represent the public interest.
D) all of the above.
Correct Answer:
Verified
Q68: Instrument independence means the central bank is
Q69: Currently,there are _ countries that are members
Q70: The FOMC is an element of the
Q71: Cross-country evidence suggests that an increase in
Q72: The Federal Advisory Council has _ member(s)from
Q74: The unusual structure of the Federal Reserve
Q75: Each member of the seven-member Board is
Q76: All nationally chartered banks are required to
Q77: Critics of Fed independence argue
A) that it
Q78: The _ of the Board of Governors
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents