If the FOMC Decides That the Fed Should Buy Bonds

question 246

Multiple Choice

If the FOMC decides that the Fed should buy bonds it

• A) instructs the New York Federal Reserve Bank's trading desk to buy them.
• B) asks the Congress for permission to buy them.
• C) requires the President's signature on the buy order.
• D) requires the permission of the Financial Oversight Committee.

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Definitions:

Explicit Prejudice

A form of prejudice that individuals are consciously aware of and can express openly, involving negative attitudes or beliefs towards a group.

Presidential Candidate

An individual who campaigns for election to the presidency, the highest executive office in a country.

Implicit Bias

Unconscious attitudes or stereotypes that affect an individual's understanding, actions, and decisions in an unconscious manner.

African-Americans

An ethnic group in the United States with ancestry tracing back to the black racial groups of Africa.