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Author Question: What is the interaction between the Federal Reserve districts and the Board of Governors of the ... (Read 47 times)

dalyningkenk

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on: Jun 29, 2018
What is the interaction between the Federal Reserve districts and the Board of Governors of the Federal Reserve System?
 
  What will be an ideal response?

Question 2

To say that supply increases for any reason, means there is a
 
  A) movement rightward along a supply curve.
  B) movement leftward along a supply curve.
  C) shift rightward in the supply curve.
  D) shift leftward in the supply curve.


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matt

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Reply #1 on: Jun 29, 2018
Answer to Question 1

The Federal Reserve System divides the nation into 12 regions, each with a Federal Reserve Bank. Each Federal Reserve Bank has a nine-member board of directors. Of the nine members, six are elected by the commercial banks within the Federal Reserve district and three are appointed by the Board of Governors. The directors of each Federal Reserve Bank appoint the president of the bank, subject to approval from the Board of Governors.

Answer to Question 2

C


dalyningkenk

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

aliotak

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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