Larry Is Part of the Board of Governors That Manages

question 75

Multiple Choice

Larry is part of the Board of Governors that manages U.S. monetary policy. He has been elected by the President to serve a single 14-year term. In addition to setting the monetary policy, he is responsible for extending banking services to commercial banks. In this scenario, Larry is most likely part of the _____.

• A) Federal Reserve
• B) Department of Commerce
• C) Bureau of Economic Analysis
• D) U.S. Treasury

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