Answered

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Although neither ________ nor the ________ is officially set by the Federal Open Market Committee, decisions concerning these policy tools are effectively made by the committee. A. margin requirements; discount rate B. margin requirements; federal funds rate

Sagot :

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Answer:

Although neither THE RESERVE REQUIREMENTS nor the DISCOUNT RATE is officially set by the Federal Open Market Committee, decisions concerning these policy tools are effectively made by the committee.

Explanation:

The FED's Board of Governors sets the reserve requirements and the discount rate that must be followed by banks in the United States. The board of directors and the federal open market committee work coordinately. It is like the right doing something that is influenced by the actions of the left hand.

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