Which of the Following Men Has NOT Served as Chairman

question 63

Multiple Choice

Which of the following men has NOT served as Chairman of the Board of Governors?

• A)Milton Friedman
• B)Arthur Burns
• C)Paul Volcker
• D)Alan Greenspan

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Definitions:

Cotton Gin

The cotton gin is a mechanical device invented by Eli Whitney in 1793, designed to efficiently remove the seeds from cotton fibers, significantly impacting the cotton industry and slavery in the United States.

Market Economy

An economic system in which production and prices are determined by unrestricted competition between privately owned businesses.

Erie Canal

A historically significant man-made waterway in New York State, opened in 1825, which connected the Great Lakes with the Atlantic Ocean, facilitating trade and migration.

Steel Plow

An agricultural implement invented by John Deere, making it easier to till the tough prairie soil of the United States.