Which Statement Is True About the Fed's Governing Board

question 42

Multiple Choice

Which statement is true about the Fed's Governing Board?

• A)They can be removed from office by the President.
• B)They can be removed from office by Congress.
• C)They serve for life.
• D)None of the statements are true about the Fed's Governing BoarD.

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Definitions:

Required Rate Of Return

The minimum return an investor expects to achieve by investing in a particular asset, reflecting the risk level of the investment.

Combined ROI

A measure of the total return on investment from multiple investments or projects, combined into one metric.

Investment Opportunity

An item or asset obtained with the intention of producing income or increasing in value.

Residual Income

The amount of income that an individual or company has after all personal debts and expenses, including the cost of capital, have been paid.