The Directors of a Federal Reserve Bank Include

question 49

Multiple Choice

The directors of a Federal Reserve Bank include

• A)three class A directors, who are bankers and are chosen by member banks; three class B directors, who are business leaders and are also chosen by member banks; and three class C directors, who are public-interest directors and are chosen by the Board of Governors.
• B)three class A directors, who are bankers and are chosen by member banks; three class B directors, who are politicians and are also chosen by member banks; and three class C directors, who are public-interest directors and are chosen by the Board of Governors.
• C)three class A directors, who are bankers and are chosen by public voting; three class B directors, who are politicians and are also chosen by member banks; and three class C directors, who are public-interest directors and are chosen by the Board of Governors.
• D)three class A directors, who are bankers and are chosen by member banks and three class B directors, who are business leaders and are also chosen by public voting.

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Definitions:

Retroactive Interference

occurs when newly learned information interferes with and impedes the recall of previously learned information.

Cue-dependent Forgetting

A type of memory loss where the information is not forgotten but cannot be retrieved without specific cues or triggers.

Proactive Interference

The phenomenon where older memories interfere with the recall of newer memories.

Retroactive Interference

A memory phenomenon where newer information makes it difficult to recall information that was learned earlier.