To make sure the U.S. President cannot unduly influence the Board of Governors:
A. the terms of the governors are staggered.
B. only three governors can be replaced in any one year.
C. the law prevents a resident from appointing more than one governor.
D. the terms of the governors are ten years long.
Answer: A
Economics
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Refer to the table above. The opportunity cost per dollar of value added in designing shoes by workers in Laborland is ________
A) $0.25 B) $0.50 C) $2 D) $4
Economics
Suppose a Chinese restaurant provides free tea and fortune cookies to its customers. The restaurant is clearly
A) generating a negative externality. B) generating a positive externality. C) selling food below cost. D) attempting to increase its total profit. E) doing none of the above.
Economics