question archive Along with creating the Federal Open Market Committee, the Federal Reserve Act of 1935: O a
Along with creating the Federal Open Market Committee, the Federal Reserve Act of 1935: O a
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Along with creating the Federal Open Market Committee, the Federal Reserve Act of 1935: O a. Consolidated power in the Board of Governors, granted it authority to set reserve requirements and approve regional discount rates O b. Established the selection and confirmation process for the Fed's Chairman and Vice Chairman O c. Removed the Secretary of the Treasury and Comptroller of the Currency from the Fed's Board, providing greater Fed independence O d. Each of these answers is correct Which of the following is true concerning each of the Federal Reserve district bank boards? O a. Each district bank board has nine-members who serve part-time O b. Each district bank board appoints a president, who must be approved by the Federal Reserve Board of Governors O c. Each district bank board chooses a member to serve on the Federal Advisory Committee O d. Each of these answers is correct
