Which of the Following Is Responsible for Decision Making Regarding

question 161

Multiple Choice

Which of the following is responsible for decision making regarding the purchase and sale of bonds by the Fed?

• A)the chairman of the Board of Governors of the Federal Reserve System
• B)the Federal Open Market Operations Committee
• C)the U.S.Secretary of Treasury
• D)the president, with the advice and consent of the chairman of the Council of Economic Advisers.

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Definitions:

Systematic Desensitization

A behavioral therapy technique used to gradually reduce anxiety through the use of relaxation techniques and exposure to feared stimuli.

Psychotherapy

The management of mental illness through psychological methods instead of medical treatments.

M'Naghten Rule

A legal standard used to determine whether a defendant was sane at the time of committing a crime, focusing on their ability to understand right from wrong.

Insanity

A legal term for a mental disorder so severe that it prevents a person from understanding the difference between right and wrong or from being able to control their actions.