What Are the Two Policy-Making Bodies of the Federal Reserve

question 111

Multiple Choice

What are the two policy-making bodies of the Federal Reserve?

• A) the Board of Governors and the U.S. Congress
• B) the Board of Governors and the Federal Open Market Committee
• C) the Board of Governors and the Presidents' office
• D) the Federal Open Market Committee and the U.S. Congress

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Definitions:

Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Machismo

A cultural belief that emphasizes exaggerated male virility and strength, often associated with a traditional view of gender roles.

Masculinity

A set of attributes, behaviors, and roles associated with boys and men as expressed by society, culture, and individuals.

Dominance

The power or influence one entity has over another, often observed in social, economic, or interpersonal relationships.