menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Institutions Markets and Money Study Set 1
  4. Exam
    Exam 2: The Federal Reserve and Its Powers
  5. Question
    The Seven Members of the Board of Governors of the Federal
Solved

The Seven Members of the Board of Governors of the Federal

Question 25

Question 25

True/False

The seven members of the Board of Governors of the Federal Reserve System serve 14 year nonrenewable terms. Each Board member is appointed by the President and confirmed by the Senate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q20: The Federal Reserve is independently funded and

Q21: Assume the Fed pays $1000 for a

Q22: A decrease in Federal Reserve float decreases

Q23: The "monetary base" comprises the Fed's most

Q24: The Federal Reserve is this nation's first

Q26: The Federal Reserve System replaced the National

Q27: An increase in the money supply does

Q28: The Federal Reserve was created in 1933

Q29: A decrease in reserve requirements increases the

Q30: The monetary base comprises currency in circulation

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines