The Federal Open Market Committee Consists of the Seven Members

question 257

Multiple Choice

The Federal Open Market Committee consists of the seven members of the ________,the president of the Federal Reserve Bank of New York,and ________.

• A)Federal Reserve's Board of Governors; four members of the Council of Economic Advisors
• B)Federal Reserve's Board of Governors; four presidents from the other 11 Federal Reserve banks
• C)Council of Economic Advisors; four presidents from the 11 Federal Reserve banks
• D)Council of Economic Advisors; four members of the U.S.Banking Committee

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Definitions:

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An introduction to a book, typically stating its subject, scope, or aims.

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A person who has personally seen something happen and so can give a first-hand description of it.