Asked by
Mohd Syafii M Saleh
on Oct 12, 2024Verified
The members of the Board of Governors are appointed by
A) the president.
B) Congress.
C) the Federal Reserve district banks.
D) the member banks.
Board of Governors
The leading body of a federal reserve system, overseeing the policy direction and regulatory functions of the central bank.
Federal Reserve
The central banking system of the United States, responsible for monetary policy, including regulating banks, managing inflation, and influencing interest rates.
- Absorb information regarding the framework and operations of the Federal Open Market Committee (FOMC) and the Board of Governors.
Verified Answer
YB
Learning Objectives
- Absorb information regarding the framework and operations of the Federal Open Market Committee (FOMC) and the Board of Governors.