The members of the Federal Reserve's Board of Governors

a. are appointed by the president of the U.S. and confirmed by the U.S. Senate.
b. serve six-year terms.
c. are also the presidents of the regional Federal Reserve banks.
d. share power equally, with no governor having any more influence or power than any other governor.

a

Economics

You might also like to view...

What is an oligopoly?

What will be an ideal response?

Economics

Trade between countries is only based on absolute advantage

Indicate whether the statement is true or false

Economics