The chair of the Board of Governors of the Federal Reserve is

a. appointed by the U.S. president.
b. elected by the twelve Federal Reserve Banks.
c. elected by member banks.
d. appointed by Congress.


a. appointed by the U.S. president.

Economics

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Suppose that a developing country devotes extensive resources towards improving the education and skill level of the labor force

How might this help the country avoid a coordination failure? Is this strategy likely to be successful? Why or why not?

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How has the financing of elementary and secondary education changed in the United States since 1940? What is the primary reason for this trend?

What will be an ideal response?

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Interpret this statement: “If diminishing returns did not occur, the world could be fed out of a flower pot.”

Please provide the best answer for the statement.

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Pollution abatement programs result in lower prices being charged for the polluting firm's products.

Answer the following statement true (T) or false (F)

Economics