Which Is TRUE of the Structure of the Fed

question 35

Multiple Choice

Which is TRUE of the structure of the Fed?

• A) All seven members of the Board of Governors are appointed by the President.
• B) The President serves as a member of the Board of Governors.
• C) The Secretary of the Treasury chairs the Federal Open Market Committee.
• D) The President is a member of the Federal Open Market Committee.

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Definitions:

Debilitating

Causing weakness or an inability to function properly.

Stimulus-Based Definition

A description that focuses on identifying and explaining the specific external factors that provoke a particular response.

Stress

A physical, mental, or emotional factor that causes bodily or mental tension and may arise from various situations or thoughts that make someone feel frustrated, angry, or nervous.

Social Readjustment

The process of adapting to significant changes in one's life, which can be a source of stress and require considerable psychological adjustment.