Which of the Following Observations Is True

question 46

Multiple Choice

Which of the following observations is true?

• A)State governments are the shareholders of the Fed.
• B)The Fed chairman is appointed for a ten-year term.
• C)FOMC decisions largely determine short-term interest rates.
• D)Member banks proportionately share all of Federal Reserve's profits.

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Definitions:

Propanoic Acid

An organic compound, also known as propionic acid, characterized by a three-carbon straight-chain structure with a carboxylic acid functional group.

KMnO4

Potassium permanganate, a chemical compound used as an oxidizing agent in various chemical reactions, known for its purple color.

Major Organic Product

The primary product resulting from an organic reaction, typically the one in greatest yield, when multiple products are possible.

Hept-3-Yne

An organic compound characterized by a seven-carbon chain with a triple bond between the third and fourth carbon atoms.