The Leadership of the Federal Reserve System Is Provided by A)the

Who determines the open-market operations of the Federal Reserve System? A)Board of Governors B)FDIC C)FHLBB D)FOMC

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.