Multiple Choice
Members of the Board of Governors of the Fed are
A) elected to two-year terms by the Electoral College.
B) appointed by the president for four-year terms and confirmed by the Congress.
C) appointed by the president for 14-year terms and confirmed by the Senate.
D) appointed by the president for 14-year terms and confirmed by the Supreme Court.
Correct Answer:
Verified
Correct Answer:
Verified
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