The Seven Members of the Board of Governors of the Federal

question 8

Multiple Choice

The seven members of the Board of Governors of the Federal Reserve are appointed by

• A)Congress.
• B)the President.
• C)the Governors of the States.
• D)leaders in the banking industry.
• E)the Treasury Department.

---

Definitions:

Social Power

The ability of an individual or group to influence or control others within a social structure, often determined by factors such as position, resources, and relationships.

Coercive Power

Refers to the capability to force someone to perform a desired action by threatening with negative consequences.

Car Ratings

Evaluations or assessments provided by experts or consumers regarding the performance, safety, and overall quality of automobiles.

Type of Power

Refers to different forms of influence someone can have over others, including coercive, legitimate, expert, referent, and reward power.