Asked by
Andrea Rivera
on Oct 12, 2024
Verified
The Federal Open Market Committee has _____ members.
A) 7
B) 10
C) 12
D) 14
E) 17
Federal Open Market Committee
The branch of the Federal Reserve System that is responsible for setting the direction of monetary policy by buying and selling government securities.
- Attain an understanding of the composition and functions of the Federal Open Market Committee (FOMC) and the Board of Governors.
Verified Answer
TV
Learning Objectives
- Attain an understanding of the composition and functions of the Federal Open Market Committee (FOMC) and the Board of Governors.