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:

Half Brother

A male sibling who shares one biological parent with another sibling, making them genetically half-related.

Step Brother

A male sibling gained through the marriage of one’s parent to the parent of the other child, not related by blood.

Foster Brother

A boy or man who is not one's biological brother but with whom one shares a parental guardian through a formal or informal foster care arrangement.

Adoptive Brother

A male sibling who has become part of a family through the process of adoption, establishing a legal and social relationship.