To reduce the political influence on the Board of Governors,
A) the president of the United States appoints a new board every four years.
B) the reelection campaign for each member is less than one year
C) each member is appointed for 7 years, with one term expiring every year.
D) each member is appointed for 14 years, with one term expiring every two years.
Ans: D) each member is appointed for 14 years, with one term expiring every two years.
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All of the following might create problems from financial liberalization in emerging countries EXCEPT
A) ineffective screening of borrowers. B) limits on risk-taking. C) lax government supervision of banks. D) lenders failure to monitor borrowers.
Beta measures the relative risk of a company's stock relative to overall risk in the stock market
Indicate whether the statement is true or false