Chairmen of the Federal Reserve Board
A) serve 14-year terms as chairmen.
B) serve 4-year renewable terms as chairmen.
C) also serve as members of the administration.
D) serve 4-year non-renewable terms as chairmen.
E) none of the above
B
You might also like to view...
One of the two criteria for a resource to be considered as a natural resource is that it must:
A) have been produced. B) be found in nature. C) be part of a factory or building. D) not be used to produce goods and services.
The economy is initially at point 1. Which of the following events would cause a shift that would help offset the crowding-out effect? An increase in:
Refer to the above graph.
A. Interest rates caused by a change in Federal Reserve policy
B. Profit expectations resulting from an increase in government spending
C. Business taxes levied by government to pay for new government programs
D. The degree of excess capacity in business stemming from a recession