1 The Board of Governors of the Federal Reserve System does NOTutilize a system of rotations so that a position comes open every two years.O consist of seven members with fourteen-year terms.O consist of members whose appointments have been approved by the Senate.O include the presidents of the twelve Federal Reserve Banks.

Government and central banks are important for the economy. Some countries have certain resources in…

The Board of Governors of the Federal Reserve System does NOT utilize a system of rotations so that a position comes open every two years. consist of seven members with fourteen-year terms. consist of members whose appointments have been approved by the Senate. O include the presidents of the twelve Federal Reserve Banks.

The Board of Governors of the Federal Reserve System does NOT utilize a system of rotations so that a position comes open every two years. consist of seven members with fourteen-year terms. consist of members whose appointments have been approved by the Senate. O include the presidents of the twelve Federal Reserve Banks.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter13: Monetary Policy

Section: Chapter Questions

Problem 14E

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Similar questions

Why is it important for the members of the Board of Governors of the Federal Reserve to have longer terms in office than elected officials, like the President? Group of answer choices it is too difficult to find members, so the term is longer to reduce political pressure on the members all of the above the members voted last year to extend the limits
When a commercial bank borrows from the Federal Reserve, it pays the ________ rate, whereas if it borrows from another commercial bank it pays the ________ rate. Group of answer choices prime; federal funds federal funds; discount discount; federal funds interest; discount
Federal Reserve functions include al of the following EXCEPT a) providing banking services to commercial banks b) conducting monetary policy c) providing banking services to the federal government d) changing income tax rates to promote job spending by consumers e) promoting stability of the financial system
The Federal Reserve bank is managed by :one person elected in the same election that decides the presidency of the U.S. the Board of Governors composed of seven members appointed by the president. the Board of Trustees composed of a member from each district bank. the Board of Directors composed of a member from each district bank.
Over the last 10 years the Federal Reserve has substantially changed the way it operates. What is different about how the Federal Reserve now conducts policy? options: it discusses its policy in public and asks for guidance from Congress it gives the public forward guidance on what it will do It is more secretive about interest rate and other policy changes it places fewer regulations on commercial banks
The chairman of the Federal Reserve Board can accelerate economic activity by lowering interest rates. What primary method does the Federal Reserve use to accomplish this? Group of answer choices Selling margin requirements Buying Treasury securities Increasing the discount rate Increasing reserve requirements
The Federal Reserve Board has a significant influence over the level of economic activity, inflation, and interest rates in the United States.(a) True(b) False.
The Federal Reserve's organization There are 5 , 7, 12 Federal Reserve regional banks. Which of the following contributes to making the Federal Reserve an independent policymaking body? A) There are 12 Federal Reserve banks. B) Its role is written into the U.S. Constitution. C) Members of the Board of Governors are appointed for 14-year terms. The Federal Reserve's primary tool for changing the money supply is choice: the reserve requirement, open-market operation, the discount rate. In order to increase the number of dollars in the U.S. economy (the money supply), the Federal Reserve will choice: buy, sell government bonds.
The Federal Reserve in the United States is distributed in how many districts? Group of answer choices a. 3 b. 12 c. 50 d. 11
Over the last 10 years the Federal Reserve has substantially changed the way itoperates. What is different about how the Federal Reserve now conducts policy? a) It is more secretive about interest rate and other policy changes b) it gives the public forward guidance on what it will do c) it places fewer regulations on commercial banks d) it discuesses its policy in public and asks for guidance from Congress
Write a sentence or two defining the following terms in your own words. Give examples of each. m. Federal Reserve n. Frictional o. Resources
Should you make William Jennings Bryan with his free-silver movement (easy money) or Grover Cleveland and William McKinley with their gold standard (hard money) the Chair of the Federal Reserve? Each comes with advantages and disadvantages. Do the following matching exercise: 23. advantage of Bryan being Chair of the Fed24. disadvantage of Bryan being Chair of the Fed25. advantage of Cleveland and McKinley being Chair of the Fed26. disadvantage of Cleveland and McKinley being Chair of the Fed Choices: (One is not used.)a. more likely to have recession and unemploymentb. less likely to have inflationc. more likely to see both government spending and taxes increased. more likely to have low unemploymente. more likely to have inflation