if you want to remove an article from website contact us from top.

    which of the following contributes to making the federal reserve an independent policymaking body?

    James

    Guys, does anyone know the answer?

    get which of the following contributes to making the federal reserve an independent policymaking body? from EN Bilgi.

    There are 12 members of the Federal Reserve Board of Governors. Which of the following contributes to making the Federal Reserve an independent policymaking body? (a) There are 12 different Federal Re

    Answer to: There are 12 members of the Federal Reserve Board of Governors. Which of the following contributes to making the Federal Reserve an...

    Money market

    There are 12 members of the Federal Reserve Board of Governors. Which of the following...

    There are 12 members of the Federal Reserve Board of Governors. Which of the following... Question:

    There are 12 members of the Federal Reserve Board of Governors. Which of the following contributes to making the Federal Reserve an independent policymaking body?

    (a) There are 12 different Federal Reserve banks.

    (b) Members of the Board of Governors are appointed for 14-year terms.

    (c) Its role is written into the U.S. Constitution.

    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 _____U.S. government bonds.

    Money supply:

    It is the total amount of money in circulation in an economy. What amount of money would be in circulation is decided by the Federal Reserve.

    Answer and Explanation:

    Become a Study.com member to unlock this answer! Create your account

    View this answer

    option B is correct.

    There are 12 members of board of governors and the board consists of 7 members who are confirmed by the president and confirmed...

    See full answer below.

    Become a member and unlock all Study Answers

    Start today. Try it now

    Create an account

    Ask a question

    Our experts can answer your tough homework and study questions.

    Ask a question

    Search Answers

    Learn more about this topic:

    The Money Market: Money Supply and Money Demand Curves

    from

    Chapter 11 / Lesson 10

    122K

    A money market is an economic model for describing a country's money supply and demand, while a demand curve denotes the quantity of money demanded at a given interest rate. Learn about the demand curve, supply curve, and how they illustrate the economic equilibrium of a nation.

    Related to this Question

    Related Answers Related Lessons Related Courses

    Money makes trade easier. Would having a money...

    In the money market, equilibrium is achieved:...

    Which of the following is considered to be part...

    Answer the question on the basis of the...

    Explore our homework questions and answers library

    Browse by subject

    Source : study.com

    Midterm 2 Flashcards

    Start studying Midterm 2. Learn vocabulary, terms, and more with flashcards, games, and other study tools.

    Midterm 2

    5.0 2 Reviews

    7 studiers in the last hour

    How many federal reserve regional banks are there?

    Click card to see definition 👆

    12

    Click again to see term 👆

    The Federal Reserve's Role as a lender of last resort involves lending to who?

    A) US Banks that cannot borrow anywhere else

    B)U.S. state governments when they run short on tax revenues

    C) Governments in developing countries during currency crises

    Click card to see definition 👆

    A

    Click again to see term 👆

    1/41 Created by rhonrales

    Terms in this set (41)

    How many federal reserve regional banks are there?

    12

    The Federal Reserve's Role as a lender of last resort involves lending to who?

    A) US Banks that cannot borrow anywhere else

    B)U.S. state governments when they run short on tax revenues

    C) Governments in developing countries during currency crises

    A

    The federal reserve's primary tool for changing the money supply is the

    A) Reserve Requirement

    B) Discount Rate

    C) Open market operation

    C

    In order to increase the number of dollars in the US economy (money supply), the federal reserve will ___ government bonds?

    A) buy B) sell A

    In order to decrease the number of dollars in the US economy (money supply), the federal reserve will ___ government bonds?

    A) buy B) sell B

    The FOMC is made up of the ____ members of the board of governors and _____ of the twelve regional bank presidents

    A) 7, 5 B) 5, 7 C) 6, 9 D) 9, 6 A

    Which of the following is a responsibility of the Federal Open Market Committee (FOMC)?

    A) Making decisions regarding monetary policy

    B) Issuing mortgages to homeowners

    C) Buying and selling stocks

    A

    Which bank conducts all open-market operations for the Federal Reserve System?

    A) Dallas Federal Reserve

    B) LA Federal Reserve

    C) New York Federal Reserve

    D) Chicago Federal Reserve

    C

    Which of the 12 regional federal bank presidents always gets a vote?

    A) Dallas B) New York C) Chicago D) LA B

    How often does the FOMC meet?

    A) approximately every 2 months

    B) approximately every 6 weeks

    C) approximately every month

    D) approximately every 3 months

    B

    The Fed is run by its

    A) Regional Presidents

    B) Board of Governors

    C) Committee Heads B

    There are how many board of governors that run the Fed?

    A) 5 B) 7 C) 12 D) 9 B

    How long are board of governor terms?

    A) 14 year terms B) 4 year terms C) 2 year terms D) 8 year terms A

    The most important member of the board of governors is called the ____

    A) President B) Leader C) Chairman D) Department Head C

    The chairman of the board of governors has how long of a term?

    A) 3 years B) 4 years C) 5 years D) 6 years B The Chairman ____

    A) directs Fed Staff

    B) Presides over board meetings

    C) testifies about Fed policy in front of congressional committees

    D) all of the above D

    The current chairman of the federal reserve is who?

    A) President Obama B) Ben Bernanke C) Nancy Pelosi D) Hilary Clinton B

    The members of the board of governors are ___

    A) voted in by the US as a whole

    B) voted in by the senate

    C) appointed by the president

    D) elected by congress

    C

    Which of the following contributes to making the Federal Reserve an independent policymaking body?

    A) Members of the Board of Governors are appointed for 14-year terms.

    B) Its role is written into the U.S. Constitution.

    C)There are 12 Federal Reserve banks.

    A

    Gilberto wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacation is priced at $750. He has only $1,537 in his checking account, so he cannot afford to purchase both. After much thought, Gilberto buys the computer and writes a check for $1,299.

    What is the medium of exchange?

    A) Gilberto has $1,537 in his checking account.

    B) Gilberto writes a check for $1,299.

    C) Gilberto can easily determine that the price of the computer is more than the price of the vacation.

    B

    Gilberto wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacation is priced at $750. He has only $1,537 in his checking account, so he cannot afford to purchase both. After much thought, Gilberto buys the computer and writes a check for $1,299.

    What is the Unit of account?

    A) Gilberto has $1,537 in his checking account.

    B) Gilberto writes a check for $1,299.

    C) Gilberto can easily determine that the price of the computer is more than the price of the vacation.

    C

    Gilberto wants to purchase a new computer and go to the Caribbean for spring break. The computer is priced at $1,299, and the vacation is priced at $750. He has only $1,537 in his checking account, so he cannot afford to purchase both. After much thought, Gilberto buys the computer and writes a check for $1,299.

    What is the store of value?

    A) Gilberto has $1,537 in his checking account.

    Source : quizlet.com

    Answered: There are Federal Reserve regional…

    Solution for There are Federal Reserve regional banks. Which of the following contributes to making the Federal Reserve an independent policymaking body? O…

    Question 100%

    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.

    Expert Solution

    Want to see the full answer?

    Check out a sample Q&A here

    SEE SOLUTION

    Students who’ve seen this question also like:

    ENGR.ECONOMIC ANALYSIS

    Making Economics Decisions. 1QTC

    Want to see this answer and more?

    Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*

    *Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers.

    Related Economics Q&A

    Find answers to questions asked by students like you.

    Knowledge Booster Learn more about

    Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

    Recommended textbooks for you

    ENGR.ECONOMIC ANALYSIS

    Economics ISBN: 9780190931919 Author: NEWNAN Publisher:

    Oxford University Press

    Principles of Economics (12th Edition)

    Economics ISBN: 9780134078779 Author:

    Karl E. Case, Ray C. Fair, Sharon E. Oster

    Publisher: PEARSON

    Engineering Economy (17th Edition)

    Economics ISBN: 9780134870069 Author:

    William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

    Publisher: PEARSON

    Principles of Economics (MindTap Course List)

    Economics ISBN: 9781305585126 Author: N. Gregory Mankiw Publisher: Cengage Learning

    Managerial Economics: A Problem Solving Approach

    Economics ISBN: 9781337106665 Author:

    Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

    Publisher: Cengage Learning

    Managerial Economics & Business Strategy (Mcgraw-...

    Economics ISBN: 9781259290619 Author:

    Michael Baye, Jeff Prince

    Publisher:

    McGraw-Hill Education

    SEE MORE TEXTBOOKS About FAQ Honor Code Academic Integrity Sitemap Careers

    Become an Ambassador

    Refer a Friend

    Contact Research (Essays)

    High School Textbooks

    Literature Guides

    Concept Explainers by Subject

    Essay Help Mobile App Terms of Service Privacy

    Your CA Privacy Rights

    Your NV Privacy Rights

    About Ads Accessibility

    Source : www.bartleby.com

    Do you want to see answer or more ?
    James 6 month ago
    4

    Guys, does anyone know the answer?

    Click For Answer