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Question: which of the statements is most likely false jerome powell...

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  1. Which of the statements is most likely FALSE:

    1. Jerome Powell is the current FED Chair

    2. The FED Chair is nominated by the US President

    3. Like a US President, a FED Chair can serve a maximum of two four year terms

    4. To stimulate the US economy after the housing market collapse in 2008,the FED effectively lowered the

      federal funds rate to zero

    5. To stimulate the US economy after the housing market collapse in 2008, the FED increased the supply of

      US dollars in circulation

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