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Members of the federal reserve board of governors

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Reference no: EM132346110

Question

There are 12 members of the Federal Reserve Board of Governors. Which of the following contributes to making the Federal Reserve an independent policymaking body?

(a) There are 12 different Federal Reserve banks.

(b) Members of the Board of Governors are appointed for 14-year terms.

(c) Its role is written into the U.S. Constitution.

Pls ans with explanation.

Reference no: EM132346110

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