Decisions about monetary policy are made by:?

Question

A) the President and Congress

B) the President's Council of Economic Advisors

C) the Federal Open Market Committee

D) representatives of banks that are members of the Federal Reserve System

Answer 1

D) representatives of banks that are members of the Federal Reserve System

FOMC: http://www.federalreserve.gov/monetarypo...

Board: http://www.federalreserve.gov/pubs/frser...

FED: http://www.federalreserve.gov/aboutthefe...

Answer 2

D, The FED and the members of the board make the decissions about monetary policy. They are suppose to be seperate from the government.

Answer 3

D