The Voting Members of the FOMC Are

question 18

Multiple Choice

The voting members of the FOMC are

• A)the governors of the Federal Reserve Board and the president of the United States.
• B)the governors of the Federal Reserve Board and the president of the New York Fed.
• C)the governors of the Federal Reserve Board and 5 of the 12 Federal Reserve district bank presidents.
• D)the governors of the Federal Reserve Board and the 12 Federal Reserve district bank presidents.
• E)the governors of the Federal Reserve Board, 5 of the 12 Federal Reserve district bank presidents, and the secretary of the Treasury.

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Definitions:

Clash of Civilizations

A theory proposed by political scientist Samuel P. Huntington that future conflicts will be between cultures or civilizations, rather than nations.

Cultural Exchanges

The mutual sharing of information, values, traditions, and aspects of culture among individuals and groups from different societies.

Social Media

Platforms that enable users to create and share content or to participate in social networking.

Barack Obama

The 44th President of the United States, serving from 2009 to 2017, and the first African American to hold the office, noted for his efforts in healthcare reform and international diplomacy.