Which of the following describes a role of the Federal Open Market Committee?(1 point)

Question

Responses

collecting economic information for each of the 12 districts of the nation
collecting economic information for each of the 12 districts of the nation

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

Answer 1

setting the discount rate and reserve requirements for member banks