The FOMC ________.
A)meets four times a year to decide on how to conduct open market operations that influence the money supply
B)meets six times a year to decide on how to conduct open market operations that influence the money supply and interest rates
C)meets eight times a year to decide on how to conduct open market operations that influence the money supply and interest rates
D)meets twelve times a year to decide on how to conduct open market operations that influence interest rates
E)none of the above

Question

Quizplus · Accepted Answer

The FOMC (Federal Open Market Committee) meets eight times a year to decide on how to conduct open market operations that influence the money supply and interest rates.