The Fed's Open Market Committee
A) consists of three economists who head up a professional staff that advises the president on economic policy.
B) is the governing board of the country's central bank.
C) makes the most important decisions affecting the day-to-day workings of the economy.
D) regulates the sale of stocks and bonds on the open market.
E) regulates the sale of currency, thus controlling the value of the dollar.
C
You might also like to view...
?The question of whether the fairness doctrine ought to be reestablished has been
A. ?raised by liberals after the Democratic sweep of 2008. B. ?raised by conservatives as a way to make the media more balanced. C. ?pushed by the Democratic leaders in Congress. D. ?pushed by Republican leaders in Congress. E. ?popular among both liberals and conservatives.
Survey research has found major differences between men and women on a number of issues, particularly those concerning war and peace
Indicate whether the statement is true or false
Which of the following would be most consistent with the pursuit of a multilateral foreign policy by a presidential administration?
a. the North American Free Trade Agreement (NAFTA) b. a country's refusal to participate in organized sanctions to stop North Korea's nuclear program c. a presidential renunciation of all international treaties d. a country's proclamation of its right to take preemptive military action when the president considers it appropriate
What was the primary reason behind Spain's abandonment of its colonial claims in Texas?
a. The economic cost of maintaining a colonial stronghold outweighed its benefits. b. Spanish colonists grew weary of over ten years of bloody fighting with the Mexican people. c. The indigenous people refused to accept Catholicism as their primary religion. d. Spain was disappointed in the lack of natural resources and their inability to establish a beneficial trade route within the colony.