The Federal Open Market Committee (FOMC) Is Composed of

Multiple Choice

The Federal Open Market Committee (FOMC) is composed of

A) representatives from the governors of all 50 states.
B) Presidents of 5 Federal Reserve regional banks and the Board of Governors.
C) the 12 Presidents of the Federal Reserve regional banks.
D) the Board of Governors, the Vice-President of the United States, and the Secretary of Treasury for the United States.