The group within the Federal Reserve System that determines the general course for the nation's money supply is the

Question

Quizplus · Accepted Answer

The Federal Open Market Committee (FOMC) is responsible for setting monetary policy in the United States, including determining the general course of the nation's money supply. The FOMC is made up of members of the Board of Governors and a rotating group of regional Federal Reserve Bank presidents.

The Group Within the Federal Reserve System That Determines the General