Structure and Independence of the European Central Bank
1) Under the European System of Central Banks, the Executive Board is similar in structure to the ________ of the Federal Reserve System.
A) Board of Governors
B) Federal Open Market Committee
C) Federal Reserve Banks
D) Federal Advisory Council
2) Under the European System of Central Banks, the Governing Council is similar in structure to the ________ of the Federal Reserve System.
A) Board of Governors
B) Federal Open Market Committee
C) Federal Reserve Banks
D) Federal Advisory Council
3) Under the European System of Central Banks, the National Central Banks have the same role as the ________ of the Federal Reserve System.
A) Board of Governors
B) Federal Open Market Committee
C) Federal Reserve Banks
D) Federal Advisory Council
4) Members of the Executive Board of the European System of Central Banks are appointed to ________ year, nonrenewable terms.
A) four
B) eight
C) ten
D) fourteen