Which of the Following Statements Is Incorrect

question 85

Multiple Choice

Which of the following statements is incorrect?

• A)The Federal Reserve Open Market Committee determines fiscal policy actions for the Congress.
• B)The Board of Governors of the Federal Reserve is appointed, not elected.
• C)The Federal Reserve System was designed to be independent of the executive branch of the government.
• D)The chairman of the Board of Governors serves a four-year term.
• E)The Federal Reserve districts are distributed geographically to serve the particular interests of each region.

---

Definitions:

Suggestive Selling

A sales technique where the seller recommends additional products or services to the customer, often based on the customer's initial selection or inquiries.

Decorating Trends

Patterns or movements in interior and exterior design that become popular among a significant number of people over a certain period.

Need-Satisfaction

A selling approach where the salesperson identifies and provides solutions to the needs of the customer, aiming for customer satisfaction.

Probing Questions

Open-ended questions designed to elicit more detailed and thoughtful responses, often used in interviews, surveys, and research.