Question

There are ____ members of the Federal Reserve Board of Governors. Which of the following contributes to making the Federal Reserve an independent policymaking body?
A) Members of the Board of Governors are appointed for 14-year terms.
B) Its role is written into the U.S. Constitution.
C) There are 12 Federal Reserve banks.
The Federal Reserve's primary tool for changing the money supply is ______ In order to increase the number of dollars in the U.S. economy (the money supply), the Federal Reserve will _______ government bonds.

Answer 1

Answer:B. It's role it's written into the US Constitution.

Government bonds, will buy

Explanation:

The writing of role in the construction will make it rather impossible to influence it's duties.

The sales and purchases of goverments bond it's used in influencing the money supply. When the money supply is to be reduce the federal reserves sale bond and when it's to be increase they purchase the

bond.