The Central Authority of the U

question 125

Multiple Choice

The central authority of the U.S. banking system is the

• A) Federal Open Market Committee (FOMC).
• B) Board of Governors of the Federal Reserve.
• C) Federal Monetary Authority.
• D) Council of Economic Advisers.

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Definitions:

Cofactor

A nonprotein substance needed by an enzyme for normal activity; some cofactors are inorganic (usually metal ions); others are organic (coenzymes).

Enzymes

Biological catalysts that speed up chemical reactions in cells without being consumed in the process.

Enthalpy

Enthalpy is a measurement of the total heat content of a system, reflecting the energy needed to create a system and the energy needed to make room for it by displacing its environment.

Entropy

A measure of the disorder or randomness in a system, often associated with the second law of thermodynamics.