Question

The members of the Federal Open Market Committee are

A) the Treasury secretary, the head of the Federal Deposit Insurance Corporation, and the Comptroller of the Currency.

B) the seven members of the Fedʹs Board of Governors and five of the Federal Reserve bank presidents.

C) the President, the Speaker of the House of Representatives, and the Senate Majority Leader.

D) the five top officials at the Federal Reserve Bank of New Yorkʹs Trading Desk.

Answer

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