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How many members sit on the Board of Governors of the Federal Reserve?

ASixty members
BSixteen members
CSeventy members
DSeven members
Answer & Solution
Correct answer: D. Seven members
1. The system is run nationally by a board. 2. Its members are appointed by the President and confirmed by the Senate. 3. The Board of Governors consists of seven members. 4. So the answer is seven. _Source: OpenStax Principles of Macroeconomics 3e (CC BY 4.0), Ch 15 'Monetary Policy and Bank Regulation', sections 15.1-15.5_
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