Asked by
Jadon Rodriguez
on Oct 12, 2024
Verified
There are _____ members of the Board of Governors of the Federal Reserve;each serves one _____ year term.
A) 7;14
B) 14;7
C) 7;7
D) 14;14
Board of Governors
The leading body of a central bank in many countries, responsible for overseeing the management and operations of the bank.
Federal Reserve
The central banking system of the United States, responsible for managing the nation's monetary policy and regulating its financial institutions.
- Learn the structure and activity scope of the Federal Open Market Committee (FOMC) and the Board of Governors.
Verified Answer
ND
Learning Objectives
- Learn the structure and activity scope of the Federal Open Market Committee (FOMC) and the Board of Governors.