The voting structure of the FOMC means that the Fed governors have more votes than the Federal

Question:

The voting structure of the FOMC means that the Fed governors have more votes than the Federal Reserve bank presidents. Why do you think this is the case?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Money, Banking, Financial Markets and Institutions

ISBN: 978-0538748575

1st edition

Authors: Michael Brandl

See More Books

Question Posted: Jun 21, 2019 07:25 AM

See More Questions

Changes to the structure of the Fed during the Great Depression included: a. Creation of the FOMC. b. Consolidation of power in the board of governors. c. Increasing the political independence of the...
The law has traditionally greatly limited the third party rights in contracts. Why do you think this is the case?
In his memoirs, former Fed Chairman Ben Bernanke discussed the reaction of the Federal Reserve Bank presidents to a congressional proposal that the Reserve Banks no longer be responsible for...
Joshua Tree Inc. reported that at the end of 2012 net accounts receivable of 2,050 (the net value at the end of 2011 was 1,090). Their allowance for doubtful accounts at the end of 2012 was 150 (the...
For each of the following pairs of vectors x and y, find the vector projection p of x onto y and verify that p and x - p are orthogonal. (a) x = (3,5)T. y = (l, l)T (b) x = (2, -5,4)T, y = (1,2.-l)T
The time (in minutes) required to complete a certain subassembly is a random variable X with the density function f (x) = 1/21x 2 , 1 x 4. (a) Use f (x) to compute Pr (2 X 3). (b) Find the...
Identify the most appropriate approach and then design. Provide a rationale as to why this approach and design would be most appropriate. Develop a hypothetical research scenario that would...
Danielle Manning, D.D.S., opened a dental practice on January 1, 2012. During the first month of operations, the following transactions occurred. 1. Performed services for patients who had dental...
8. Two dice are rolled. Let A represent rolling a sum greater than 7. Let B represent rolling a sum that is a multiple of 3. Determine n(AB). A. 5 B. 8 C. 12 D. 15 Long Answer: Show all work for the...
Bayani Bakerys most recent FCF was $48 million; the FCF is expected to grow at a constant rate of 6%. The firms WACC is 12% and it has 15 million shares of common stock outstanding. The firm has $30...
Some look at the structure of the Federal Reserve and come to the conclusion that it is undemocratic. Why do you think they come to this conclusion? Do you agree with them?
The FOMC meets to decide which of the following? a. Who should be selected as Fed Chair? b. How operations of the Fed should be changed c. Changes to monetary policy d. How best to clear checks...
Bethlehem and Youngstown, two major steel producers, accounted for about 21% of the national steel market in the late 1950s, when they proposed to merge. a. Should the two steel companies have been...
What is included in an outcome-impact-balance sheet?
What is the connection between organizational structure and organizational process structure?
What is the principle of equivalence?
How can the vector analysis be applied in operational business activities?
What is a risk analysis used for?
Using the central limit theorem, what is the distribution of sample means when the population distribution is: (a) Rectangular? (b) Normal? (c) Positively skewed? (d) Nonmodal? (e) Multimodal? (f)...
The production budget of Artest Company calls for 80,000 units to be produced. If it takes 30 minutes to make one unit and the direct labor rate is $16 per hour, what is the total budgeted direct...
Define financial frictions in your own terms and explain why an increase in financial frictions is a key element in financial crises.
Some countries do not advertise that a system of deposit insurance like the FDIC in the United States exists in their banking system. Explain why some countries would want to do that.
Describe the process of securitization in your own words. Was this process solely responsible for the Great Recession financial crisis of 20072009?
Details of the capital structure of Webber Ltd. appear below: Bonds Number issued Coupon rate Interest payments Years to maturity 27,000 6% semi-annually 10 $90 Current price Preferred shares Number...
An Ice cream company has commissioned an ice sculpture for their end of year celebration. The ice sculpture is in the shape of a giant ice cream cone-the shape can be thought of as a cone with one...
1. A soft drink vendor at a popular beach resort analyzes his sales records and finds that if he seels x cans of pop in one day, his profit in dollars is given by the function P(x) = -0.012+3x-80....

The voting structure of the FOMC means that the Fed governors have more votes than the Federal

Question:

Step by Step Answer:

Because the governor...View the full answer

Money, Banking, Financial Markets and Institutions

Students also viewed these Business questions