Each of the Governors of the Federal Reserve System Is

question 169

Multiple Choice

Each of the governors of the Federal Reserve System is appointed for a term of __________ years.The Board of Governors is comprised of _____________ members and the FOMC is comprised of __________ members.

• A) 12; 7; 19
• B) 14; 6; 22
• C) 6; 5; 14
• D) 14; 7; 12
• E) 12; 6; 12

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Definitions:

Oceanic Crust

The outermost layer of Earth under the ocean basins, composed predominantly of basaltic rock.

Continental Crust

The thick, buoyant part of the Earth's crust that forms the continents, composed mainly of granitic rocks.

Asthenosphere

The semi-fluid layer of the Earth's mantle beneath the lithosphere that allows for the movement of tectonic plates.

Lithosphere

The rigid outer layer of the Earth, including the crust and upper mantle, involved in plate tectonics and continental drift.