The Federal Open Market Committee consists of the
A) Federal Reserve chairman and the other six members of the Board of Governors.
B) Federal Reserve branch bank presidents.
C) Federal Reserve chairman and the Federal Reserve branch bank presidents.
D) Federal Reserve chairman, the other six members of the Board of Governors, and five of the Federal Reserve branch bank presidents.
D
Economics
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One purpose of regulation of financial markets is to
A) limit the profits of financial institutions. B) increase competition among financial institutions. C) promote the provision of information to shareholders, depositors and the public. D) guarantee that the maximum rates of interest are paid on deposits.
Economics
Can the Fed control both the interest rate and the size of the money supply? Explain
Economics