The Federal Reserve Board

question 42

Multiple Choice

The Federal Reserve Board

• A) is elected by a majority vote of the governors of the fifty states.
• B) was created shortly after World War II in an effort to prevent inflation.
• C) will lower interest rates if it wants to slow down the economy.
• D) has, according to the text, less political independence from the president and Congress than any other government agency.
• E) has, according to the text, been insulated from democratic accountability since its creation.

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Definitions:

Broken Line

A line that is not continuous but consists of a series of dashes, often used in drawings to represent hidden, unseen, or imaginary boundaries or features.

Partial View

A drawing or representation focusing on a specific section or portion of an object, omitting the rest for clarity or simplicity.

Limited Portion

A segment or fraction of something that is restricted in size, amount, or extent.

Decimal Inch

Decimal inch is a measurement unit in the imperial system represented in decimal form, used for expressing precise dimensions in engineering and manufacturing.