Each of the seven governors of the Federal Reserve Board is appointed by the president and confirmed by the Senate to serve   Question 14 options:   a)  as long as the appointing president remains in office.   b)  7 year terms.   c)  14 year terms.   d)  4 year terms.

Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
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Chapter28: Monetary Policy And Bank Regulation
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Problem 31CTQ: Why do presidents typically reappoint Chairs of the Federal Reserve Board even when they were...
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14.

Each of the seven governors of the Federal Reserve Board is appointed by the president and confirmed by the Senate to serve

 

Question 14 options:

 

a) 

as long as the appointing president remains in office.

 

b) 

7 year terms.

 

c) 

14 year terms.

 

d) 

4 year terms.

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