The board of governors of the federal reserve is in charge of setting and overseeing monetary policy and is headed by the . monetary policy is supposed to be congress and the president. this goal is aided by the fact that the governors' them to outlast the president who appointed them. because congress initially intended to create a decentralized banking system, there are also smaller branches of the federal reserve known as district banks. the presidents of the district banks take turns serving as members of the

Ascientist successfully predicts the outcome of an experiment. you watch carefully and know he didn't cheat. the scientist's success shows that: a) the scientist knows absolute truth about this experiment; success is not possible unless you know the truthb) the scientist was just lucky; no one ever knows what's going on, so successful predictions require luckc) the scientist may know the truth, or at least know something that is close to the truth, or the scientist may have gotten lucky this time; you can't be absolutely sured) the scientist really was cheating, even though you didn't see the cheating; no one can get things right, except by cheatinge) the scientist spent the night at a particular hotel chain and go a free breakfast, giving the scientist the ability to do amazing things