Examlex
Is this decision maker risk averse? Explain why or why not.
Board of Governors
The leading body of a central bank in many countries, responsible for overseeing the management and operations of the bank.
Federal Reserve
The central banking system of the United States, responsible for managing the nation's monetary policy and regulating its financial institutions.
Open Market Operations
Activities undertaken by a central bank, such as the buying or selling of government securities, to control the money supply and interest rates.
Discount Rate
The interest rate charged by the Federal Reserve to depository institutions.
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