Which of the following describes a role of the Federal Open Market Committee?(1 point)
Responses
appointing members to the Board of Governors
appointing members to the Board of Governors
managing the nation’s money supply
managing the nation’s money supply
setting the discount rate and reserve requirements for member banks
setting the discount rate and reserve requirements for member banks
collecting economic information for each of the 12 districts of the nation
1 answer
setting the discount rate and reserve requirements for member banks