What is the interaction between the Federal Reserve districts and ...

[dalyningkenk]

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.

[matt]

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]

Gracias!

[Mochi]

Thanks for the timely response, appreciate it