Which of the Following Are True Statements

question 47

Multiple Choice

Which of the following are true statements?

• A) The FOMC usually meets every six weeks to set monetary policy.
• B) The FOMC issues directives to the trading desk at the New York Fed.
• C) Designers of the Federal Reserve Act did not envision the use of open market operations as a monetary policy tool.
• D) All of the above are true statements.
• E) Only A and B of the above are true statements.

---

Definitions:

Saccharide

A saccharide is a sugar or a substance made up of sugar molecules, ranging from simple monosaccharides like glucose to complex polysaccharides like starch.

Term

A word or phrase used to describe a specific concept or a period of time.

Sugar

A general term for sweet-tasting, soluble carbohydrates, many of which are used in food.

Monosaccharides

Simple sugars that are the most basic form of carbohydrates, serving as energy sources and building blocks for more complex sugars.