Multiple Choice
Which of the following is not correct?
A) The president of the New York Federal Reserve bank is the only Federal Reserve Regional Bank President who gets to vote at every meeting of the Federal Open Market Committee.
B) The Fed's policy decisions influence the economy's rate of inflation in the short run and the economy's employment and production in the long run.
C) The Fed's primary monetary policy tool is open-market operations.
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q42: All Fed purchases and sales of<br>A)corporate stocks
Q43: When conducting an open-market purchase,the Fed<br>A)buys government
Q44: An important function of the U.S.Federal Reserve
Q45: Which of the following does the U.S.president
Q46: Which of the following does the Federal
Q47: The Federal Reserve<br>A)is responsible for conducting the
Q48: The Federal Reserve Board of Governors<br>A)rotate each
Q49: An open-market sale<br>A)increases the number of dollars
Q51: The regional Federal Reserve Banks<br>A)are not allowed
Q52: If the Federal Open Market Committee decides