Each member of the Board of Governors of the Fed:
a. is from the minority of the FOMC
b. can have twelve presidential appointments.
c. is authorized to set reserve requirements by the Bank Acts of 1933 and 1935.
d. serves one nonrenewable term.
e. is elected by the member banks which own the Federal Reserve.
d
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If net capital flows were -28 billion and domestic investment was 17 billion, then the amount of domestic savings was
A) -11 billion. B) 45 billion. C) 11 billion. D) -9 billion.
If the interest rate rises to 25% would the investment still take place?
a. Yes since NPV>0 b. No since NPV<0 c. Yes since the present value of the cash flows is greater than zero d. No since the present value of the cash flows is lesser than zero
Antitrust laws are designed to
a. preserve competition. b. protect the environment. c. protect the public's trust in the government. d. all of the above.
In the __________ (short run/long run) a steel manufacturer that has fixed productive capacity and is operating its plant with one eight-hour shift, can still increase output by adding a second or third shift.
Fill in the blank(s) with the appropriate word(s).