Which of the Following Is Not Correct

question 50

Multiple Choice

Which of the following is not correct?

• A)The president of the New York Federal Reserve bank is the only Federal Reserve Regional Bank President who gets to vote at every meeting of the Federal Open Market Committee.
• B)The Fed's policy decisions influence the economy's rate of inflation in the short run and the economy's employment and production in the long run.
• C)The Fed's primary monetary policy tool is open-market operations.
• D)All of the above are correct.

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Definitions:

Stock Investments

Financial assets representing ownership in a company, which may provide dividends and entail voting rights.

Debt Investments

Investments made through the purchase of bonds or loans, providing the investor with interest income and the return of principal over time.

Interest Revenue

Income earned from lending money or from investments in interest-bearing accounts.

Net Income

The amount of profit remaining after all operating expenses, taxes, and interest have been deducted from total revenue.