The Federal Open Market Committee

question 335

Multiple Choice

The Federal Open Market Committee

• A) consists of the Fed chairman and the 12 regional bank presidents.
• B) is the main policy-making organ of the Federal Reserve.
• C) is headed by the president of the New York Federal Reserve Bank.
• D) meets every week to review the state of the economy.

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Definitions:

Latinos

People of Latin American origin or descent, often residing in the United States.

Steal Items

Taking items without permission or legal right, often secretly or by force.

Prejudice

is a preconceived opinion or judgment formed without just grounds or before sufficient knowledge, often based on stereotypes and leading to discrimination.

Negative Emotions

Feelings that are typically regarded as undesirable or disadvantageous, such as sadness, anger, fear, and jealousy, often arising in response to undesirable situations or thoughts.