What Is the Length of the Term of the Members

question 222

Multiple Choice

What is the length of the term of the members of the Board of Governors of the Federal Reserve System?

• A)four years
• B)six years
• C)fourteen years
• D)life or until the member resigns

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Definitions:

Empower Subordinates

Providing lower-level employees with the authority and confidence to make decisions and take action in their roles.

Social Objectives

These refer to the goals or aims that benefit society as a whole, often focusing on issues like welfare, education, and environmental protection.

Key Trait

A distinguishing characteristic or quality that contributes significantly to the behavior, abilities, or performance of an individual.

Effective Leadership

The ability to guide, direct, or influence people in a way that achieves organizational goals.