Which of the Following Are Functions of the Federal Open

question 55

Multiple Choice

Which of the following are functions of the Federal Open Market Committee?

• A) ^{The specification of growth rates for the major money aggregates: M}1^{, M}2^{, and M}3
• B) The specification of the discount rate
• C) The specification of instructions for week-to-week Fed activity at the New York Trading Desk
• D) The specification of the reserve requirement
• E) a and c

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Definitions:

Proposition

A comment that denotes a judgment or viewpoint.

Consequent

In logic, this refers to the outcome in a conditional statement, which follows from its condition (if-then statement).

Proposition

A proposition is a statement or assertion that expresses a judgment or opinion.

Syllogism

A form of deductive reasoning that arrives at a conclusion based on two premises, where each shares a common term.