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QUESTION 25 How are the members of the Federal Reserve's board of governors chosen? O A They are selected by the chairman of the board

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QUESTION 25 How are the members of the Federal Reserve's board of governors chosen? O A They are selected by the chairman of the board of governors OB They are appointed by the President and confirmed by the Senate They are electedy the member banks OD. They are elected by the people QUESTION 26 The Federal Reserve in the United States is the most independent of all central banks. True False QUESTION 27 What does the FOMC do? O A Attempt to manipulate the Federal Funds rate by buying and selling treasures 08. Adjusts the amount of lending at the discount window to increase the monetary base OC Reviews requests for bank merger and acquisitions OD. The FOMC does all of the above QUESTION 28 Do you believe the Federal Reserve should be independent? Provide reasons either fue or again Fed independence. Be detailed in your explanation For the toolba presa ALT F10Por ALTFN+F10 (Mac)

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