HI
Seven members of board of governors are appointed by President and confirmed by Senate.
Hence option D is correct option here.
Thanks
36. How many members of the board of governors are there and how are they chosen?...
7. The members of the Board of Governors are a. appointed by the Senate. b. elected by the Federal Open Market Committee. c. appointed by the President of the United States. d. elected by the member banks.
The Federal Board of Governors has_________ members. 17 7 5 12 The Federal Open Market Committee (FOMC) is composed of the Board of Governors, the Vice-President of the United States, and the Secretary of Treasury for the United States. representatives from the governors of all 50 states. the 12 Presidents of the Federal Reserve regional banks. presidents of 5 Federal Reserve regional banks and the seven Board of Governors. Which method of shutting down a bank has the greatest moral...
4. Which of the following statements about the Federal Reserve is (are) correct? A. The Fed conducts monetary policy by changing the money supply B. The Fed acts as a lender of last resort to the banking system C. The Fed does not convert Federal Reserve Notes into gold D. All of the above E. A and B, only 5. The regional Federal Reserve Banks A. regulate banks in their regions. B. are not allowed to make loans to banks...
5. The Federal Reserve's organizationWhile all members of the Federal Reserve Board of Governors vote at Federal Open Market Committee (FOMC) meetings, only of the regional bank presidents are members of the FOMC.Members of the Board of Governors are appointed for 14-year terms.There are 12 Federal Reserve banks.Its role is written into the U.S. Constitution.The Federal Reserve's primary tool for changing the money supply is . In order to increase the number of dollars in the U.S. economy (the money...
1) Members of the seven-member Board of Governors of the Federal Reserve System are appointed for _________, while the Chairman of the Board of Governors is appointed for __________. Select one: A. a fourteen year term of office; a four year term of office with reappointment possible B. an indefinite term of office; a one-time four year term of office C. a fourteen year term of office; a one-time four year term of office D. an indefinite term of office;...
The Federal Reserve is remarkably free from political pressure because A. its structure cannot be changed by Congress through legislation. B. the chairman of the Board of Governors is appointed by the Federal Reserve Bank presidents. C. like members of the Supreme Court, members of the Board of Governors serve lifetime appointments. D. it has an independent source of revenue. While the Fed enjoys a relativity high degree of independence for a government agency, it feels political pressure from the...
CHOOSE ONLY ONE The purpose of having the members of the Board of Governors of the Federal Reserve serve fourteen-year terms is to: A. ensure that the governors become well-experienced at policymaking B. Establish long-standing ties with high-level officials of other nations' central banks C. Promote unity of opinion from shared time together D. Insulate the governors' policy decisions from the influence of presidential elections and policies.
The United States Federal Reserve controls monetary and the credit conditions in the country. The authority for conducting monetary policy is given only by the Fed: out nation’s central bank. The members of the Federal Reserve Board are not elected by anyone, but rather are appointed. While the president and the members stand for re-election, no provision exists for Fed members. This has made the agency controversial at times. The Fed is believed to have arguably far more power over...
7485 07445 Question 8 (1 point) The Board of Governors O is chaired by the U.S. Secretary of the Treasury. members are elected by the U.S. public. has 7 members. All of the above are correct. Question 9 (1 point) Saved Which group within the Federal Reserve System meets to discu economy and determine monetary policy?
of the Federal Reserve 18. The Federal Open Market Committee (FOMC) is made up of: A) the chair of the Board of Governors along with the 12 presidents of the Fede ent of the New York al Reserve System along with Banks. B) the seven members of the Board of Governors along with the president of the Federal Reserve Bank. C) the seven members of the Board of Governors of the Federal Reserve S the three members of the Council...