Each district bank of the Fed comprises of nine board of directors of which three are appointed by the:

a. Federal Reserve System member banks.
b. President.
c. Attorney General.
d. Board of Governors of the Fed.
e. Congress.


d

Economics

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An oligopoly created because of economies of scale is called a

A) natural oligopoly. B) legal oligopoly. C) public oligopoly. D) monopolistic oligopoly. E) scale oligopoly.

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Explain the theory of optimum currency areas

What will be an ideal response?

Economics

The relationship between changes in interest rates and changes in the level of investment is depicted by the downward-sloping investment curve

Indicate whether the statement is true or false

Economics

In 2012, about _____% of all Americans under the age of 65 did not have health insurance

a. 10% b. 12% c. 17% d. 20%

Economics