Which of the Following Entities Actually Executes Open-Market Operations

question 14

Multiple Choice

Which of the following entities actually executes open-market operations?

• A)the Board of Governors
• B)the New York Federal Reserve Bank
• C)the Federal Open Market Committee
• D)the Open Market Committees of the regional Federal Reserve Banks

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Definitions:

Critical-Thinking Skills

The ability to understand the structure and worth of an argument by evaluating the facts, issue, reasons, and conclusion of the argument.

Absolute Skills

A term not typically used in a standard context to describe specific competencies; therefore, its meaning might vary across different fields. Generally, it may refer to fundamental or essential skills possessed without conditions. However, if not recognized widely, consider it as NO.

Constitutions

The fundamental principles or established precedents by which a state or other organization is governed, typically a written document outlining the powers of government and the rights of the governed.

Statutes

Are laws established by a legislative body; they serve as written rules and regulations that govern a society.