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The Seven Members of the Board of Governors Serve 14-Year

question 20

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The seven members of the Board of Governors serve 14-year terms to:


Definitions:

Spiral Model

A software development model that combines elements of both design and prototyping in stages, in an effort to combine advantages of top-down and bottom-up approaches.

Theory-before-research

Theory-before-research is an approach where a theoretical framework is developed prior to conducting empirical research, guiding the research questions and methodology.

Research-before-theory

An approach where empirical observation and data collection precede and guide the development of theory.

Racial Inequality

A disparity in opportunities, rights, and treatment experienced by individuals based solely on their race or ethnicity.

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