Which of the Following Is Not Correct

question 3

Multiple Choice

Which of the following is not correct?

• A)The regional Federal Reserve Banks play a role in regulating banks and ensuring the health of the banking system.
• B)The President of the New York Federal Reserve Regional Bank always gets to vote on the decisions made by the Federal Open Market Committee.
• C)U.S.monetary policy is made by the Federal Open Market Committee.
• D)The Federal Open Market Committee meets every 12 weeks.

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Definitions:

Suppress Dissension

The act of preventing or reducing disagreement or opposition, typically within a group or organization.

Deindividuation

A psychological state characterized by diminished self-consciousness, reduced social identity, and disinhibited behavior, often occurring in group settings.

Groupthink

A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.

Self-Serving Bias

The common habit of a person taking credit for positive events or outcomes, but blaming outside factors for negative events.