admin Looking for the answer to the question below related to Central Banking? Which of the following are true statements? Options: A) The FOMC usually meets every six weeks to set monetary policy. B) The FOMC issues directives to the trading desk at the New York Fed. C) Designers of the Federal Reserve Act did not … Read more
Looking for the answer to the question below related to Central Banking? The Federal Reserve entity that determines monetary policy strategy is the Options: A) Board of Governors. B) Federal Open Market Committee. C) Chairman of the Board of Governors. D) Shadow Open Market Committee. The Correct Answer Is: B) Federal Open Market Committee. … Read more
Looking for the answer to the question below related to Central Banking? Which of the following are true statements? Options: A) The FOMC usually meets every six weeks to set monetary poli B) The FOMC issues directives to the trading desk at the New York Fed. C) Designers of the Federal Reserve Act did not … Read more
Looking for the answer to the question below related to Central Banking? Although the Federal Open Market Committee does not have formal authority to set ________ and the ________, it does possess the authority in practice. Options: A) margin requirements; discount rate B) margin requirements; federal funds rate C) reserve requirements; discount rate D) reserve … Read more
Looking for the answer to the question below related to Central Banking? The Board of Governors Options: A) establishes, within limits, reserve requirements. B) effectively sets the discount rate. C) sets margin requirements. D) does all of the above. E) does only A and B of the above. The Correct Answer Is: D) does all … Read more
Looking for the answer to the question below related to Central Banking? Members of the Board of Governors are Options: A) chosen by the Federal Reserve Bank presidents. B) appointed by the newly elected president of the United States, as are cabinet positions. C) appointed by the president of the United States and confirmed by … Read more
Looking for the answer to the question below related to Central Banking? The chairman of the Board of Governors of the Federal Reserve System exercises a high degree of control over the board Options: A) through his ability to set the agenda of the Board and the FOMC. B) through his role as spokesperson for … Read more
Looking for the answer to the question below related to Central Banking? The ________ of the Board of Governors is the spokesperson for the Fed. Options: A) chairman B) president C) either of the above can be the spokesperson D) neither of the above The Correct Answer Is: A) chairman Conclusion I hope you … Read more
Looking for the answer to the question below related to Central Banking? The 12 Federal Reserve banks are involved in monetary policy in which of the following ways? Options: A) Their directors establish the discount rate. B) They decide which banks can obtain discount loans from the Federal Reserve Bank. C) Their directors select one … Read more
Looking for the answer to the question below related to Central Banking? Which of the following are duties of the Board of Governors of the Federal Reserve System? Options: A) Setting margin requirements, the fraction of the purchase price of securities that has to be paid for with cash. B) Setting the maximum interest rates … Read more