The Federal Open Market Committee, composed of the Board of Governors and five of the regional bank presidents, makes the decisions about monetary policy.
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Q336: A bank run occurs when shares of
Q337: The members of the Board of Governors
Q338: Bank runs today are not as frequent
Q339: If a bank has excess reserves of
Q340: If a bank has deposits of $10,000
Q342: Changing the reserve requirement is the main
Q343: At the end of each business day,
Q344: Changes in the reserve requirement are the
Q345: Normally the discount rate is below the
Q346: When the Fed increases the discount rate,
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