The Members of the Federal Reserve's Board of Governors

question 16

Multiple Choice

The members of the Federal Reserve's Board of Governors

• A)are appointed by the president of the U.S.and confirmed by the U.S.Senate.
• B)serve six-year terms.
• C)are also the presidents of the regional Federal Reserve banks.
• D)share power equally,with no governor having any more influence or power than any other governor.

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Definitions:

Air Force

A branch of a nation's armed forces that is responsible for conducting aerial warfare and defending the country's airspace.

Regulate Media

The process of governing and overseeing media institutions and content to ensure they meet legal, ethical, and quality standards and do not harm public interest.

Public Opinion

The collective attitudes, beliefs, and reactions of the general public regarding social, political, and economic issues.

Traditional Authority

A leadership style where an organization or governing body's authority predominantly stems from traditional practices or customs.