How are Federal Reserve Board Governors selected?
The Fed Governors are appointed by the president and confirmed by the senate. Board members serve 14 year terms. The president appoints the Chairman of the Board of Governors, who serves four year terms.
Economics
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The Employment Act of 1946 dictated the U.S. goal of maintaining high employment through high economic growth but did not specify any goals with regard to the price level
a. True b. False Indicate whether the statement is true or false
Economics
The direct transfer of goods and services rather than cash is known as
A. Welfare income. B. Poverty support. C. In-kind transfers. D. Transfer payments.
Economics