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What is the Fed and what is the FOMC? A. The Fed is the U.S. federal...

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Economics

What is the Fed and what is the FOMC? A. The Fed is the U.S. federal government and the FOMC is the government's operating management committee. B. The Fed is the U.S. federal government and the FOMC is the Fed's main policy-making committee. C. The Fed is the central bank of the United States and the FOMC is a committee of the New York Fed. D. The Fed provides banking services to banks and governments and the FOMC meets approximately every six weeks to review the state of the economy. E. The Fed implements policy dictated by the White House and the FOMC is its management committee.

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