Ab 53 Economics Which of the following is NOT true about the members of the Federal Reserve Board of Governors? Multiple Choice a.) They are appointed to fourteen-year terms by the President of the United States. b.) They are relatively immune to short-term political pressures. c.) They may not be reappointed after serving a full term. d.) They each serve as chairman of the Board of Governors on a rotating basis.
Ab 53 Economics Which of the following is NOT true about the members of the Federal Reserve Board of Governors? Multiple Choice a.) They are appointed to fourteen-year terms by the President of the United States. b.) They are relatively immune to short-term political pressures. c.) They may not be reappointed after serving a full term. d.) They each serve as chairman of the Board of Governors on a rotating basis.
Chapter24: Money And The Federal Reserve System
Section: Chapter Questions
Problem 12SQ
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Ab 53
Economics
Which of the following is NOT true about the members of the Federal Reserve Board of Governors? Multiple Choice
a.) They are appointed to fourteen-year terms by the President of the United States.
b.) They are relatively immune to short-term political pressures.
c.) They may not be reappointed after serving a full term.
d.) They each serve as chairman of the Board of Governors on a rotating basis.
Transcribed Image Text:Which of the following is NOT true about the members of the Federal Reserve Board of Governors?
Multiple Choice
They are appointed to fourteen-year terms by the President of the United States.
They are relatively immune to short-term political pressures.
They may not be reappointed after serving a full term
They each serve as chairman of the Board of Governors on a rotating basis.
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