Ask Question
BusinessBusiness
3 August, 05:23

What is the main function of the Federal Open Market Committee?

Extend loans to consumers.

Oversee administration of financial regulations.

Set monetary policy to promote economic growth.

Write laws governing finance and trade

+1
Answers (2)
  1. 3 August, 06:49
    0
    The last one is the answer
  2. 3 August, 08:38
    0
    The answer is: Oversee administration of financial regulations.

    The federal market open committee would create financial regulations according to what they believe will benefit united states the most. These regulations do not necessarily always promote economic growth. For example, during inflation they might create regulations that slow down the growth of the economy to protect the value of the currency.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the main function of the Federal Open Market Committee? Extend loans to consumers. Oversee administration of financial regulations. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Suppose your firm has a u-shaped average variable cost curve and operates in a perfectly competitive market.
Answers (1)
Karin Company's loan is due on July 1, 2018. What conditions must Karin meet (at a minimum) so that the note can be classified as a long-term liability on the company's balance sheet at December 31, 2017? Check all that apply. A.
Answers (1)
The overall economic performance of developing countries is expected to outpace that of the United States over the coming years. A customer that wishes to profit from this should receive which recommendation and accompanying risk disclosures? A.
Answers (1)
The managers of a pension fund have invested $2.5 million in U. S. government certificates of deposit (CDs) that pay interest at the rate of 2.1%/year compounded semiannually over a period of 20 years.
Answers (1)
Generally, transaction structures on a structure chart will have
Answers (1)
New Questions in Business
Champs Sports Bar in State College, PA has decided to perform a total cost analysis on vodka suppliers. Consumption is currently 6,000 bottles per year. Demand is predicted to stay at that level for the next few years.
Answers (1)
When radio is used as an advertising medium, which of the following statements is usually true. a. Local customers embrace radio advertising. b. Radio advertising is usually very expensive. c. Segmentation strategies cannot be applied. d.
Answers (1)
Based on your understanding of growing annuities, is the statement below true or false? While analyzing a growing annuity, you need to express the interest rate, the future value, and the payment in real and not nominal terms. a. Trueb. False
Answers (1)
Rodriguez Corporation issues 6,000 shares of its common stock for $96,000 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $14 par value. 2.
Answers (2)
Using the information below, compute the raw materials inventory turnover: Raw materials used $ 85,500 Beginning raw materials inventory 8,000 Ending raw materials inventory 9,000 Multiple Choice: A. 11.02. B. 382.02. C. 10.06. D. 9.94. E. 9.50.
Answers (2)
Home » Business » What is the main function of the Federal Open Market Committee? Extend loans to consumers. Oversee administration of financial regulations. Set monetary policy to promote economic growth. Write laws governing finance and trade
Sign Up Forgot Password?