Author Question: The Board of Governors is the A) Presidents of the 12 regional banks of the Federal Reserve. B) ... (Read 66 times)

joesmith1212 · **on:** Jun 29, 2018

The Board of Governors is the

A) Presidents of the 12 regional banks of the Federal Reserve.
B) 7-member group that oversees the Federal Reserve.
C) 12-member monetary policy committee of the Federal Reserve.
D) 50-member organization of state banking regulators of the Federal Reserve.

Question 2

In 2007, the interest rate banks in France charge each other for loans was 4.86 percent. The inflation rate in France in 2007 was 2.8 percent. The real interest rate in France is

A) 7.62 percent
B) 2.06 percent.
C) 0.58 percent.
D) 13.6 percent.