Which of the following is not a core component of the federal reserve bank? a board of governors b regional reserve banks c federal open market committee d department of the treasury

Department of the treasury is not a core component of the federal reserve bank. The correct answer is: D

The department of the treasury is an agency of government that is saddled with the responsibility of promoting economic prosperity with the aim of ensuring financial security of the United States. Part of the responsibility of the department of the treasury is to advise the president on financial and economic issues. It manages all forms of government revenue, collection of federal income taxes, manages the federal budget and prevents financial crises.

The duty of the department of the treasury includes but not limited to managing the federal finances, investigating and prosecuting tax evaders or tax forgers, ensure the enforcement of federal finance and tax laws, supervising national debt and thrift institutions, production of currency and coins.

Federal Reserve, which is now known as Federal Reserve Bank is the central bank of the United States. It is perceived as the most powerful financial body in the world. It responsibility includes controlling the supply of money and credit, introduces monetary policy, regulate banking operations. It supplies payment services to the public via credit unions, banks, saving and loans.

The department of the treasury and Federal Reserve are basically different agency, both are financial institutions. They also collaborate in the discharge of their responsibilities when necessary.  

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clearcutting reproduces a new even-aged stand by completely removing the mature stand.

clearcutting as a silvicultural treatment has several characteristics:

it causes a sudden environmental change

it removes the seed source from the regeneration area

the configuration of the clearcut may affect seed dispersal

it begins a new rotation

it will eliminate some pests that require forest cover

overall, it temporarily removes the forest cover, transforming the forest community and environment.

clearcutting followed by artificial (seeded or planted) regeneration has several advantages:

we can avoid delay in restocking the site

we can introduce a selected species, seed source, and genotype

we can control arrangement and spacing

we can achieve uniformity in the new stand

we can overcome the problems associated with securing sufficient natural regeneration.

the shelterwood method involves the removal of most of the mature stand at the end of the rotation, but a portion of the mature stand is left standing.   the shelterwood method serves three basic purposes:

to prepare the stand for production of abundant seed

to modify the environment in a way that promotes germination and survival of the selected species

to build up the amount and size of advance regeneration to ensure the prompt restocking of the new stand following overstory removal.

the shelterwood method involves a sequence of 3 cuttings:

preparatory cuttings: make the seed trees more vigorous and set the stage for regeneration. see our thinning page for more information.

establishment/seed cuttings: open up enough vacant growing space to allow establishment of the new regeneration.

removal cuttings: uncover the new crop to allow it to fill the growing space.

the residual trees in the shelterwood must:

be sturdy and windfirm

be able to survive exposure

flower and reproduce seed

be the best trees of the mature stand

keep in mind that the shelter trees must not occupy the entire site.   a void must be created in order to make room for the new regeneration. the amount of shelter to leave will depend on the following factors:

species characteristics (seeding and shelter requirements)

the number of cuttings in the cutting sequence (1, 2, or 3)

landowner objectives

the size of the area to be regenerated

the final removal harvest level required to be profitable

the shelter must be removed before it impedes the growth of the new stand or threatens its survival.