Members of the Board of Governors

question 92

Multiple Choice

Members of the Board of Governors

• A)are appointed by the U.S.president, while presidents of the Federal Reserve regional banks are appointed by the banks' boards of directors.
• B)are appointed by the banks' boards of directors while the presidents of the Federal Reserve regional banks are appointed by the U.S.president.
• C)and the presidents of the Federal Reserve regional banks are appointed by the U.S.president.
• D)and the presidents of the Federal Reserve regional banks are appointed by the banks' boards of directors.

---

Definitions:

Marginal Revenue Curve

A graphical representation that shows how additional revenue varies with changes in output.

Marginal Revenue

Enhanced earnings from selling an additional unit of a product or service.

Prefabricated Garages

Structures for vehicle storage that are manufactured off-site in standard sections and then transported and assembled at the final location.

Total Revenue

The total amount of money a company receives from selling its goods or services, before any expenses are deducted.