Question
Who implements the policy decisions related to the monetary control of the U.S. money and banking systems?
Multiple choice question.
The Treasury Department
Federal Open Market Committee
The Board of Governors
12 Federal Reserve Banks
Multiple choice question.
The Treasury Department
Federal Open Market Committee
The Board of Governors
12 Federal Reserve Banks
Answers
GPT-4o mini
The correct answer is **Federal Open Market Committee**.
The Federal Open Market Committee (FOMC) is responsible for implementing monetary policy decisions made by the Federal Reserve in the United States.
The Federal Open Market Committee (FOMC) is responsible for implementing monetary policy decisions made by the Federal Reserve in the United States.