The Federal Open Market Committee

question 74

Multiple Choice

The Federal Open Market Committee

• A) is made up of the presidents of the 12 Federal Reserve Banks.
• B) consists of the seven members of the Board of Governors of the Fed, plus five presidents of Reserve Banks.
• C) is appointed by the Chairman of the Federal Reserve System.
• D) is elected by Fed member banks.

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Definitions:

Computer Control System

Systems employing computer technology to manage, control, and automate processes, often used in industrial or manufacturing settings.

Ingredients

The components or elements that are combined to create a product, especially in cooking or manufacturing.

Fruit Of The Poisonous Tree

A legal metaphor in the United States that describes evidence that has been obtained illegally, which cannot be introduced in court.

Excluded Evidence

Information or material that is not permitted to be presented to the jury or decision-makers in a legal proceeding due to rules of evidence or prior legal decisions.