The Policy Directive Is Provided by the Board of Governors

question 33

True/False

The policy directive is provided by the Board of Governors to the FOMC.

---

Definitions:

Voluntary Admissions

The act of willingly acknowledging or accepting responsibility for certain actions or facts, often in a legal context.

Cruel And Unusual

A term referring to punishment or treatment that is considered unacceptable due to being inhumane or excessively harsh.

Eighth Amendment

A provision of the United States Constitution prohibiting the federal government from imposing excessive bail, excessive fines, or cruel and unusual punishment.

Speedy And Public

Pertaining to the constitutional guarantee that legal proceedings must be conducted without undue delay and be open to observation by the public.