a.
the group that sets the amount of government spending.
b.
the group that reviews income assistance programs.
c.
the group at the Federal Reserve that sets monetary policy.
d.
in charge of tax collection.
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The correct answer is:
c. the group at the Federal Reserve that sets monetary policy.
The Federal Open Market Committee (FOMC) is responsible for overseeing open market operations, which involve the buying and selling of government securities to influence the money supply and interest rates in the economy.
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