Which of the Following Statements Are Correct

question 12

Multiple Choice

Which of the following statements are correct?
I.Congress does not play a role in making monetary policy decisions.
Ii.The FOMC meets eight times a year to make monetary policy decisions.
Iii.The President of the United States appoints members and the Chairman of the Board of governors but has little other formal authority over monetary policy.

• A)i,ii,and iii
• B)i,and ii
• C)ii only
• D)i and iii
• E)ii and iii

---

Definitions:

Larger Issues

Refers to more significant or complex problems, concerns, or matters that require attention and resolution.

Transitions

The process or period of changing from one state or condition to another.

Phrases

Groups of words that function together as a unit, typically forming a component of a sentence.

Shifting Points

Changing or adjusting one's focus, perspective, or position regarding a topic or issue.