The Board of Governors of the Federal Reserve consists of ____________ members appointed by the President of the United States and confirmed by the Senate for 14-year terms.
a. nine
b. four
c. seven
d. five
c. seven
You might also like to view...
What is NOT an interest bearing asset of commercial banks?
A. required reserves.
B. securities.
C. loans.
D. All of the above
If you believe that the LM curve is horizontal, what type of policy would you recommend to stimulate the economy?
A) An increase in government spending B) A reduction in government spending C) An increase in the money supply D) A reduction in the interest rate
In the short run, average total cost is
A) higher than average variable cost. B) equal to average variable cost. C) less than average variable cost. D) sometimes higher and sometimes lower than average variable cost.
If people who own cats tend to have fewer mice on their property, we can say there is a negative correlation between owning cats and having mice on your property.
Answer the following statement true (T) or false (F)