To minimize the effect of short-term political pressure on the Fed's Board of Governors,the governors are all appointed to their terms:
A)in different years,and their terms are long.
B)in different years,and their terms are short.
C)in the same year,and their terms are long.
D)in the same year,and their terms are short.
E)in the same year,and their terms are shorter than that of the chairman of the Federal Reserve Board.

Question

Quizplus · Accepted Answer

By appointing governors in different years and giving them long terms, it minimizes the effect of short-term political pressure as it ensures that not all governors are appointed by the same administration and are therefore less likely to be influenced by partisan politics. Additionally, long terms also ensure that governors have some level of independence and are not solely focused on pleasing the current administration in order to be reappointed.

To Minimize the Effect of Short-Term Political Pressure on the Fed's