Members of the Board of Governors of the Fed are а. elected to two-year terms by the Electoral College. b. appointed by the president for four-year terms and confirmed by the Congress. c. appointed by the president for 14-year terms and confirmed by the Senate. d. appointed by the president for 14-year terms and confirmed by the Supreme Court.

Economics Today and Tomorrow, Student Edition
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Chapter17: Stabilizing The National Economy
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Members of the Board of Governors of the Fed are

Members of the Board of Governors of the Fed are
a. elected to two-year terms by the Electoral College.
b. appointed by the president for four-year terms and confirmed by the Congress.
c. appointed by the president for 14-year terms and confirmed by the Senate.
d. appointed by the president for 14-year terms and confirmed by the Supreme Court.
Transcribed Image Text:Members of the Board of Governors of the Fed are a. elected to two-year terms by the Electoral College. b. appointed by the president for four-year terms and confirmed by the Congress. c. appointed by the president for 14-year terms and confirmed by the Senate. d. appointed by the president for 14-year terms and confirmed by the Supreme Court.
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