please do both questions and explanation for the like and thumps up.

14) The Board of Governors of the Federal Reserve System Select one: a. appoint three directors to each Federal Reserve Bank. b. elect six members to member commercial banks. c. appoint nine directors to each of the 12 Federal Reserve reginonal bank. d. none of the above on 5 15) Banks fail when the value of bank falls below the value of causing the bank to become insolvent Select one: a. reserves: required reserves b. loans: secondary reserves c.assets, liabilities d. income: expenses stion Next page