Multiple Choice
Members of the Board of Governors of the Federal Reserve are
A) appointed by the outgoing chairman of the Board of Governors and confirmed by Congress.
B) appointed by the president of the United States.
C) elected by the stockholders of the eight largest banks in the United States.
D) appointed by the Treasury Secretary.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: Which of the following is NOT one
Q41: Which of the following would shift the
Q42: Cutting the interest rate paid on reserves
Q43: The Federal Reserve was founded by Congress
Q44: In the United States and in virtually
Q46: Money can be used to buy goods
Q47: When the Federal Reserve acts as a
Q48: The Federal Reserve is under the ultimate
Q49: In response to the financial crisis of
Q50: Which of the following would be the