The Fed consists of 12 district banks, a Board of Governors, and the Federal Open Market Committee.

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The Fed consists of 12 district banks, a Board of Governors, and the Federal Open Market Committee.
1. Describe the membership and functions of the Board of Governors.
2. Describe the membership and functions of the FOMC.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:25 AM

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The Fed consists of 12 district banks, a Board of Governors, and the Federal Open Market Committee.

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1 The Board of Governors is made up of seven members appoin...View the full answer

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