Comparing the European and the U

question 113

Multiple Choice

Comparing the European and the U.S. central bank systems, the Governing Council of the European system resembles:

• A) the Board of Governors.
• B) the Presidents of the Regional Federal Reserve Banks.
• C) the FOMC.
• D) the Chairman of the Board of Governors of the Fed.

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Definitions:

Contingent

Dependent on or conditioned by something else; not absolute or certain.

Racial Stereotypes

Preconceived and oversimplified ideas or images about the characteristics of members of a specific race, often used to justify prejudicial attitudes and discrimination.

Criminal Justice

The system of practices and institutions of governments directed at upholding social control, deterring and mitigating crime, and sanctioning violators with criminal penalties and rehabilitation efforts.

Punitiveness

The disposition or tendency toward imposing or endorsing punishment or harsh penalties.