Statement I: as Business and Banking Activity Moved West,the Congress

question 199

Multiple Choice

Statement I: As business and banking activity moved west,the Congress accommodated them by shifting a few Federal Reserve District Banks from the east and Midwest to the western states.
Statement II: A president usually gets to select the entire Federal Reserve Board that serves during his tenure.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Body Covering

The outer protective layer or surface of an organism, such as skin in humans, feathers in birds, or fur in mammals.

Conserving Water

The practice of using water efficiently to reduce unnecessary water usage and protect water resources.

Tropical Deserts

Arid regions located in tropical zones, characterized by extreme heat, minimal rainfall, and sparse vegetation.

Temperate Deserts

Temperate deserts are arid regions with moderate temperatures compared to their more extreme hot or cold desert counterparts, characterized by sparse rainfall and unique ecosystem adaptations.