Question 2 2 pts Who regulates the Fed? Congress The Treasury Secretary The Council of Economic Advisors Nobody, the Fed is an independent agency Question 3 2 pts Members of the board of Governors of the Fed are appointed by the president to serve a period of 10 years 7 years 14 years 4 years Question 4 2 pts The chair of the Board of Governors is appointed for a period of 10 years O 14 years 5 years 4 years Question 5 2 pts Through open market operations, the Fed buys and sells government securities to influence the supply of bank reserves. What does the Fed do when it wants to increase money supply? O Buy Securities Sell Securities Nothing D Question 6 2 pts Which of the following is NOT a goal of monetary policy? O Maximize employment O Stabilize prices Moderate interest rates O Lower taxes