Related to the Economics in Practice on p. 221: In January 2014, a new Chair of the Board of Governors of the Federal Reserve System was confirmed. This person is
A) the first Democrat to serve in this position.
B) the first woman to serve in this position.
C) the first person to serve in this position who had never previously been employed in the Federal Reserve System.
D) all of the above

Question

Quizplus · Accepted Answer

Janet Yellen was confirmed as the Chair of the Board of Governors of the Federal Reserve System in January 2014, becoming the first woman to serve in this position. She was not the first Democrat to serve as chair, and while she had not previously served as chair, she had been employed in the Federal Reserve System as the Vice Chair and as President and CEO of the Federal Reserve Bank of San Francisco.

Related to the Economics in Practice on P