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Federal Reserve governors are appointed for terms of:

A14 years
B4 years
C6 years
D2 years
Answer & Solution
Correct answer: A. 14 years
1. One term expires every even-numbered year. 2. Terms last 14 years. 3. Each member serves only one term. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 14, Monetary Policy and Bank Regulation (CC BY 4.0)._
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