Decisions regarding purchases and sales of securities by the Fed are made by:
A)FDIC.
B)Discount Committee.
C)Federal Open Market Committee.
D)Federal Funds Committee.

Question

Decisions regarding purchases and sales of securities by the Fed are made by:
A)​FDIC.
B)​Discount Committee.
C)​Federal Open Market Committee.
D)​Federal Funds Committee.

Quizplus · Accepted Answer

The decisions regarding purchases and sales of securities by the Fed are made by the Federal Open Market Committee (FOMC), which consists of members of the Board of Governors of the Federal Reserve System and presidents of Federal Reserve Banks. The other options mentioned, FDIC, Discount Committee, and Federal Funds Committee, do not have the authority to make such decisions.

Decisions Regarding Purchases and Sales of Securities by the Fed