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1. The Chairman of the Board of Governors also serves as chairman of which of the following?

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2. How is the Federal Reserve System a two-part structure?

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3. After the Great Recession, how did regulatory reform as a result of the Dodd-Frank Act change the structure of the Federal Reserve System?

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4. How often does the Federal Open Market Committee (FOMC) generally meet?

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5. How many Districts are there in the Federal Reserve System?

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6. The Federal Reserve Board of Governors members serve 14-year terms. Why are their terms so long?

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7. How is the Federal Reserve funded?

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8. What is the main function of the Federal Open Market Committee (FOMC)?

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