The Board of Governors of the Federal Reserve is
A) the collection of the 12 presidents of the Federal Reserve Banks.
B) a seven-member board,each one serving a 14-year term.
C) a 14-member board,each one serving a seven-year term.
D) the main policy-making body of the Fed.
E) a seven-member board,each one serving a one-year term.
Correct Answer:
Verified
Q132: What is the central bank of the
Q133: The main policy-making body of the Federal
Q134: The Federal Open Market Committee consists of
A)12
Q135: The Federal Reserve System provides banking services
Q136: Who regulates the quantity of money circulating
Q138: Because the Federal Reserve System is a
Q139: The Federal Open Market Committee is
A)the main
Q140: The Board of Governors of the Federal
Q141: The required reserve ratio is the
A)amount of
Q142: If the Fed increases the discount rate,commercial
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