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:

Social Rationalism

A theoretical perspective that emphasizes the role of reason and rational thought in the organization of society and the behavior of its members.

Sarbanes-Oxley Act

The Sarbanes-Oxley Act is a United States federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.

Panel on the Nonprofit Sector

An advisory group or committee that focuses on addressing issues, challenges, and opportunities within the nonprofit sector, often providing guidance, research, and recommendations.

Governance Committee

A group within an organization charged with overseeing the strategic direction and accountability, often focusing on board recruitment, selection, and evaluation.