question 9

Currently, the power of the Federal Reserve rests with

	a.	the chair of the Fed and the board of the New York Federal Reserve Bank.
	b.	the chair of the Federal Reserve and a board of six governors.
	c.	an elected board of governors of the Federal Reserve.
	d.	24 member banks

QUESTION 20

1. If GDP is $20 trillion and the money supply is $4 trillion, what is the velocity of money?

   	a.	16
   	b.	2
   	c.	80
   	d.	5