8. Should the Federal Reserve Board of Governors remain independent? What is the strongest argument on either side?
8. Should the Federal Reserve Board of Governors remain independent? What is the strongest argument on...
The regional Federal Reserve Banks are each headed by a member of the Board of Governors. have more voting members on the FOMC than does the Board of Governors. regulate banks in their regions. are not allowed to make loans to banks in their region
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;...
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) The power within the Federal Reserve was effectively transferred to the Board of Governors by Select one: A. Supreme Court decisions in the 1960s. B. the Treasury-Federal Reserve Accord of 1951. C. the Depository Institutions Deregulation and Monetary Control Act of 1980. D. the Federal Reserve Act of 1935. 2) The monetary base consists of Select one: A. government securities held by the Fed and discount loans. B. currency in circulation and reserves. C. government securities held by the...
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...
1) The Federal Reserve Board of Governors has the formal authority to: I. Officially set the discount rate II. Establish the reserve ratio required for all depository intermediaries III. Set the fed funds rate of interest Select one: A. I only B. I and II only C. I and III only D. II and III only E. I, II, and III 2) The designers of the Federal Reserve Act of 1913 intended the Fed to have one primary monetary tool:...
as 5. The Federal Reserve's organization ass Tips There are members of the Federal Reserve Board of Governors. oss Tips The Federal Reserve's role as a tender of last resort involves lending to which of the following financially troubled institutions? O Governments in developing countries during currency cries ck OU.S. banks that cannot borrow elsewhere 6 OU.S. state governments when they run short on tax revenue The Federal Reserve's primary tool for changing the money polis the U.S. economy (the...
Question 23 (2.5 points) Which of the following is true? Federal Reserve System is a private institution. The Federal Reserve System is independent from the Federal Gove There are 7 Federal Reserve District Banks in the U.S. Federal Open Market Committee is responsible for the reserve req Each member of the Board of Governors is appointed for 4 years. Question 24 (2.5 points)
Alan Greenspan, the former Chairman of the Federal Reserve Board's Board of Governors, once described a large rapid increase in the nominal value of the stock market as "irrational exuberance." Why would the Federal Reserve Bank (the American central bank), which has the dual mandate of keeping the inflation rate ( cost of living) low and stable and keeping the unemployment rate close to its long-run sustainable rate, become concerned when the nominal prices of financial assets change rapidly in...
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?