Which of the Followings Is a Duty of the Board

question 51

Multiple Choice

Which of the followings is a duty of the Board of Governors of the Federal Reserve System?

• A)setting margin requirements,the fraction of the purchase price of the securities that has to be paid for with cash
• B)setting the maximum interest rates payable on certain types of time deposits under Regulation Q
• C)regulating credit with the approval of the president under the Credit Control Act of 1969
• D)All governors advise the president of the United States on economic policy.

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Definitions:

Demographic Information

Data that describes the characteristics of a population or a particular segment, such as age, gender, income, and education.

Record

An individual entry in a database that typically represents a single item, person, or transaction.

Compacting

The process of optimizing database efficiency by reducing the file size and reorganizing data to eliminate unused space.

Backing Up

The process of creating a copy of data stored on a computer or system to prevent loss of information in case of a hardware failure, data corruption, or other disasters.