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:

Value Orientations

Fundamental beliefs that guide preferences, actions, and attitudes in individuals and cultures.

Personal Values

Core beliefs or ideals that guide an individual's behavior, influence their actions and attitudes, and help them distinguish between right and wrong.

Self-Imposed Barriers

Limitations or obstacles that individuals put on themselves, which hinder their progress or success.

Leadership Positions

Roles within an organization that have the authority and responsibility to guide and influence others.