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Unformatted text preview: country will have if there are 173 commodities in each country. 8. What are the functions of the Federal Reserve System? 9. The Board of Governors: a. is currently chaired by Ben Bernanke b. are appointed by the president and confirmed by the Senate. c. has seven members. d. All of the above are correct. 10. Which of the following is correct? a. The Federal Reserve has 14 regional banks. The Board of Governors has 12 members who serve 7 year terms. b. The Federal Reserve has 12 regional banks. The Board of Governors has 7 members who serve 14-year terms. c. The Federal Reserve has 12 regional banks. The Board of Governors has 14 members who serve 7-year terms. d. None of the above is correct....
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This note was uploaded on 02/28/2008 for the course ECON 2010 taught by Professor Mertens,wi during the Fall '07 term at Colorado.
- Fall '07