The Federal Open Market Committee (FOMC)is Composed of the Seven

question 109

Multiple Choice

The Federal Open Market Committee (FOMC) is composed of the seven members of the Board of Governors,

• A) the president of the New York Federal Reserve District Bank,and four of the remaining 11 Federal Reserve District Bank presidents who rotate on an annual basis.
• B) and five state governors who rotate on an annual basis.
• C) four Federal Reserve District Bank presidents who rotate on an annual basis,and the head of the Senate Banking Committee.
• D) and the Secretary of the Treasury.

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Definitions:

Language Development

The method through which young children learn to comprehend and express language in their early years.

Itsy Bitsy Spider

A popular nursery rhyme and fingerplay that describes the adventures of a spider as it ascends, descends, and re-ascends the waterspout.

Rhymes

Literary devices which involve the repetition of similar or identical sounds at the end of two or more words, most often at the ends of lines in poems and songs.

Repetition

The act or process of doing or saying something again, often used for emphasis, learning, or effect.