Members of the Federal Reserve Board of Governors are:
A. selected by the Federal Open Market Committee for 4-year terms.
B. selected by each of the Federal Reserve Banks for 4-year terms.
C. appointed by the president to staggered 14-year terms.
D. appointed by Congress to staggered 14-year terms.
Answer: C
You might also like to view...
In the 1980s, the U.S. had recessions in ________ and __________.
Fill in the blank(s) with the appropriate word(s).
In the figure above, what is the MPC?
A) 0.75 B) 1.00 C) 0.50 D) 0.80 E) 0.90
Increases in population shift the market supply curve for labor to the right
Indicate whether the statement is true or false
Other things being equal, the less elastic demand is: a. the lower the deadweight loss is resulting from the imposition of a given tax on a product. b. the greater the burden is of the tax borne by consumers
c. the greater the tax revenue collected by the government is. d. all of the above