QUEST 10 points Save Answer Members of the Federal Reserve Board of Governors ar

Question

QUEST 10 points Save Answer Members of the Federal Reserve Board of Governors are appointed for one fourteen- year term so that they: Have time to learn how the Fed operates. Will make decisions that support the people that appointed them Have time to get to know all 12 districts. Make their decisions based what is right for the economy, not their political careers. QUESTI 10 points Save Answer Which of the following is true about an increase in the discount rate? O It signals that the Fed It signals that the Fed O It makes borrowing from wants to speed up money wants to restrain money the Fed less expensive It reduces the cost of lending for banks QUESTI 10 points Save Answer Which of the following is the tool used most frequently by the Fed? O The reserve requirement The fed funds rate. Open market operations. OThe discount rate.

Explanation / Answer

Ans

1 D. This makes them not susceptible to political pressure

2 B is right. This decreases money supply

3 open market operations are utilized quite often

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