Which of the followings is NOT a current duty of the Board of Governors of the Federal Reserve System?
A) setting margin requirements,the fraction of the purchase price of the securities that has to be paid for with cash
B) setting the maximum interest rates payable on certain types of time deposits under Regulation Q
C) approving the discount rate "established" by the Federal Reserve banks
D) voting on the conduct of open market operations
Correct Answer:
Verified
Q32: The Federal Open Market Committee's "balance of
Q33: The teal book is the Fed research
Q34: Subject to the approval of the Board
Q35: While the discount rate is "established" by
Q36: The Federal Open Market Committee usually meets
Q38: The Chairman of the Board of Governors
Q39: Although reserve requirements and the discount rate
Q40: The research document given to the Federal
Q41: The ability of a central bank to
Q42: Under the European System of Central Banks,the
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