The Federal Open Market Committee consists of all the following people except
A)the Board of Governors of the Federal Reserve System.
B)five presidents of Federal Reserve Banks, on a rotating basis.
C)the chairman of the President's Council of Economic Advisors.
D)the President of the Federal Reserve Bank of New York.

Question

Quizplus · Accepted Answer

The Federal Open Market Committee includes the Board of Governors of the Federal Reserve System and five presidents of Federal Reserve Banks (on a rotating basis), but it does not include the chairman of the President's Council of Economic Advisors.

The Federal Open Market Committee Consists of All the Following