Federal Reserve governors are given long terms to insulate them from politics.
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Q31: Members of the Board of Governors are
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Q33: Assume that when $100 of new reserves
Q34: Fractional reserve banking is a system where
Q35: The series of bank failures in 1907
Q37: Credit cards are a medium of exchange.
Q38: The Federal Reserve was created in 1913
Q39: Assume that when $100 of new reserves
Q40: The chair of the Board of Governors
Q41: If the Fed decreases reserve requirements, the
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