The ____ is made up of seven individual members, and each member is appointed by the President of the United States.
A)Board of Governors
B)Federal Reserve district bank
C)Federal Open Market Committee (FOMC)
D)Securities and Exchange Commission

Question

Quizplus · Accepted Answer

The Board of Governors is the correct answer because it consists of seven members who are appointed by the President of the United States and confirmed by the Senate. These members play a key role in the Federal Reserve System, the central banking system of the United States.

The ____ Is Made Up of Seven Individual Members, and Each