Multiple Choice
FOMC voting rights
A) are given to all twelve regional bank presidents.
B) rotate among the twelve regional bank presidents.
C) rotate among the twelve regional bank presidents,except the president of the New York Fed,who always gets a vote.
D) are all given to the president of the New York Fed,since all of the Fed's bond sales and purchases are conducted at the New York Fed trading desk.
Correct Answer:

Verified
Correct Answer:
Verified
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