Asked by Michael Combs on May 07, 2024
Verified
The Federal Reserve Board is composed of ________ members.
A) 4
B) 7
C) 9
D) 11
Federal Reserve Board
A board of governors overseeing the Federal Reserve System, the central banking system of the United States, responsible for setting national monetary policy.
- Understand the structure and composition of the Federal Reserve Board.
Verified Answer
AD
Amanda DeTiberiisMay 12, 2024
Final Answer :
B
Explanation :
The Federal Reserve Board, also known as the Board of Governors, is composed of 7 members. These members are appointed by the President of the United States and confirmed by the Senate.
Learning Objectives
- Understand the structure and composition of the Federal Reserve Board.
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