FOMC Voting Rights

question 35

Multiple Choice

FOMC voting rights

• A)are given to all twelve regional bank presidents.
• B)​rotate among the twelve regional bank presidents.
• C)​rotate among the twelve regional bank presidents,except the president of the New York Fed,who always gets a vote.
• D)​are all given to the president of the New York Fed,since all of the Fed's bond sales and purchases are conducted at the New York Fed trading desk.