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:

Adult Population

Refers to the segment of the population that is considered of working age and potentially available for labor or military service.

Age

A measure of the length of time that an individual or entity has existed from its birth or inception to a given date.

Gender

The set of characteristics, roles, expectations, and behaviors that societies typically associate with being male or female, which can vary across different cultures and time periods.

Race

A social construct used to categorize and differentiate individuals based on physical characteristics, often associated with historical and social identities.