There are Federal Reserve regional banks. Which of the following contributes to making the Federal Reserve an independent policymaking body? O There are 12 Federal Reserve banks. O Its role is written into the U.S. Constitution. O Members of the Board of Governors are appointed for 14-year terms. The Federal Reserve's primary tool for changing the money supply is In order to increase the number of dollars in the U.S. economy (the money supply), the Federal Reserve will government bonds.
There are Federal Reserve regional banks. Which of the following contributes to making the Federal Reserve an independent policymaking body? O There are 12 Federal Reserve banks. O Its role is written into the U.S. Constitution. O Members of the Board of Governors are appointed for 14-year terms. The Federal Reserve's primary tool for changing the money supply is In order to increase the number of dollars in the U.S. economy (the money supply), the Federal Reserve will government bonds.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The Federal Reserve's organization
There are 5 , 7, 12 Federal Reserve regional banks.
Which of the following contributes to making the Federal Reserve an independent policymaking body?
A) There are 12 Federal Reserve banks.
B) Its role is written into the U.S. Constitution.
C) Members of the Board of Governors are appointed for 14-year terms.
The Federal Reserve's primary tool for changing the money supply is choice: the reserve requirement, open-market operation, the discount rate. In order to increase the number of dollars in the U.S. economy (the money supply), the Federal Reserve will choice: buy, sell government bonds.
Transcribed Image Text:There are
Federal Reserve regional banks.
Which of the following contributes to making the Federal Reserve an independent policymaking body?
O There are 12 Federal Reserve banks.
O Its role is written into the U.S. Constitution.
O Members of the Board of Governors are appointed for 14-year terms.
The Federal Reserve's primary tool for changing the money supply is
In order to increase the number of dollars in
the U.S. economy (the money supply), the Federal Reserve will
government bonds.
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