Author Question: Each governor of the Federal Reserve is A) appointed by the President to a 4-year term. B) ... (Read 51 times)

armygirl · **on:** Jun 30, 2018

Each governor of the Federal Reserve is

A) appointed by the President to a 4-year term.
B) appointed by the President to a 14-year term.
C) appointed by the President for life.
D) elected by the Presidents of banks and savings institutions.

Question 2

The Humphrey-Hawkins Act requires the Fed to promote

A) stable prices.
B) maximum employment.
C) moderate long-term interest rates.
D) all of the above
E) none of the above