Five of the 12 members of the Federal Open Market Committee (FOMC) must be _____.
(A) Bank presidents from Federal Reserve Districts.
(B) From the Federal Advisory Council (FAC).
(C) Appointed by the chair of the Board of Governors.
(D) Elected by the Board of Governors.
Ans: (A) Bank presidents from Federal Reserve Districts.
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Which theory emphasizes the significance of new discoveries that can be used by many people at the same time?
A) neoclassical growth theory B) new growth theory C) classical growth theory D) None of the above answers are correct.
The unemployed who quit their jobs, were fired for cause, or just entered the labor force are not eligible for unemployment insurance
a. True b. False Indicate whether the statement is true or false
Which tax revenue given in the graph will be generated by two different tax rates?
A. F
B. G
C. H
D. I
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A. allowed small and controlled changes in the exchange-rate value over time. B. pegged the yuan to the U.S. dollar at the equilibrium exchange rate. C. caved in to pressures from foreign governments. D. slowly adjusted the currency composition of its official international reserve assets toward more U.S. dollar-denominated bonds.