This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is one way in which the Federal Reserves Board of Governors is politically insulated? a. ... (Read 47 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
on: Jul 9, 2018
What is one way in which the Federal Reserves Board of Governors is politically insulated?
 
  a. Members are elected by the people rather than appointed by the president.
  b. The members rely on Congress for their salaries.
  c. The members serve life terms.
  d. The president cannot fire any member before the end of the 14-year term.
  e. They receive their authority from the international economic community.

Question 2

The purpose of the Federal Reserve System is to
 
  a. establish the annual federal budget.
  b. help manage the supply of money and credit.
  c. print currency.
  d. reduce the federal deficit.
  e. spur inflation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

gstein359

  • Sr. Member
  • ****
  • Posts: 293
Reply #1 on: Jul 9, 2018
Answer to Question 1

ANS: D

Answer to Question 2

ANS: B


D2AR0N

  • Member
  • Posts: 561
Reply 2 on: Jul 9, 2018
Thanks for the timely response, appreciate it

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Annual Federal Deficit (or Surplus), 1992–2016 Annual Federal Deficit (or Surplus), 1992–2016
Unemployment and Federal Action, 1929–1941 Unemployment and Federal Action, 1929–1941
Place Value Board Place Value Board
Reserves can work for both fish and fishers Reserves can work for both fish and fishers
Vast reserves of shale gas can be recovered through formation fracturing (“fracking”) Vast reserves of shale gas can be recovered through formation fracturing (“fracking”)
Biology Forums Q&A Board (Feb. 2022) Biology Forums Q&A Board (Feb. 2022)
Video: SNP Polymorphysim Microarray Chip - How to Test a Person's DNA

For a complete list of videos, visit our video library