The Federal Reserve

question 87

Multiple Choice

The Federal Reserve

• A)is not considered one of the more independent central banks
• B)is insulated from politics by the staggered 14-year appointments of Board members and by having its own source of income
• C)is more concerned with generating income than it is with achieving price stability
• D)is answerable to Congress and must do its bidding
• E)is answerable to the President and must do his bidding

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Definitions:

Major Structure

The most stable or predominant structure among several possible structures of a molecule.

Synthetic Steps

The individual chemical reactions performed in sequence to construct a complex molecule from simpler starting materials.

Transformation

The genetic alteration of a cell by the direct uptake and expression of DNA from its surroundings.

Oxidants

Chemical substances that have the ability to oxidize other substances, meaning they can accept electrons from another substance during a chemical reaction.