Author Question: The Board of Governors of the Federal Reserve System has A) 12 members appointed by the president ... (Read 103 times)

bobypop · **on:** Jun 29, 2018

The Board of Governors of the Federal Reserve System has

A) 12 members appointed by the president of the United States.
B) seven members appointed by the president of the United States.
C) seven members appointed to life terms.
D) seven members elected by the public.
E) 12 members elected by the public.

Question 2

Which of the following decreases aggregate demand and shifts the AD curve leftward?

A) a tax cut
B) an increase in quantity of money
C) an interest rate hike
D) a decrease in potential GDP
E) an increase in government expenditures on goods and services