The group responsible for deciding on monetary policy is the
A) Federal Advisory Council.
B) Board of Governors only.
C) Federal Open Market Committee.
D) group of 12 Federal Reserve Bank presidents only.
C
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Refer to Table 18-3. The table above outlines the rankings of three members of the U.S. Senate on three spending alternatives
Assume that Congress can spend additional revenue on only one of the three spending alternatives and that Bart, Lisa, and Maggie, all members of the Senate, participate in a series of votes in which they are to determine which of the spending alternatives should receive funding. Three votes will be taken: (1 ) Immigration Reform and Unemployment Benefits (2 ) Immigration Reform and Social Security Reform and (3 ) Unemployment Benefits and Social Security Reform.
Banks can be counted on to create the proper money flows to foster economic activity with minimal inflation and unemployment
Indicate whether the statement is true or false