Asked by Morgan Beasley on Jun 10, 2024
Verified
How many members appointed by the president sit on the Federal Reserve Board?
A) None
B) Seven
C) Nine
D) Twelve
Federal Reserve Board
This is the governing body of the Federal Reserve System, responsible for overseeing the United States' central banking system and setting monetary policy.
Members Appointed
Members appointed refer to individuals who are placed in a position or role within an organization or board by selection rather than election.
- Acquire knowledge about the role and activities of the Federal Reserve in the regulation of currency availability.
Verified Answer
SR
Sarah RashidJun 16, 2024
Final Answer :
B
Explanation :
The Federal Reserve Board is composed of seven members who are appointed by the President of the United States.
Learning Objectives
- Acquire knowledge about the role and activities of the Federal Reserve in the regulation of currency availability.
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