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FOMC Voting Rights

Question 35

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.

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