BUSINESS ADMINISTRATION
BUSINESS POLICY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The Fed Board of Governors serve ____ terms.
|
|
4 year terms
|
|
|
6 year terms
|
|
|
14 year terms
|
|
|
Lifetime terms
|
Explanation:
Detailed explanation-1: -Each member of the Board of Governors is appointed for a 14-year term; the terms are staggered so that one term expires on January 31 of each even-numbered year. After serving a full 14-year term, a Board member may not be reappointed.
There is 1 question to complete.