Multiple Choice
Larry is part of the Board of Governors that manages U.S. monetary policy. He has been elected by the President to serve a single 14-year term. In addition to setting the monetary policy, he is responsible for extending banking services to commercial banks. In this scenario, Larry is most likely part of the _____.
A) Federal Reserve
B) Department of Commerce
C) Bureau of Economic Analysis
D) U.S. Treasury
Correct Answer:
Verified
Correct Answer:
Verified
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