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The Federal Reserve is run by a Board of Governors. The following is true about the Board of Governors, EXCEPT A) Each member is appointed

The Federal Reserve is run by a Board of Governors. The following is true about the Board of Governors, EXCEPT

A) Each member is appointed to a 14 year term

B) The US President nominates members of the Board

C) There are a total of 7 seats on the Board

D) Board members can be re-appointed to a second term

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