The Federal Open Market Committee __________.
A. is required to keep the interest rate within a range set by Congress
B. operates with almost complete discretion over monetary policy
C. is required to increase the money supply by a given growth rate each year
D. is required by its charter to change the money supply using a complex formula that concerns the tradeoff between inflation and unemployment
A. is required to keep the interest rate within a range set by Congress
B. operates with almost complete discretion over monetary policy
C. is required to increase the money supply by a given growth rate each year
D. is required by its charter to change the money supply using a complex formula that concerns the tradeoff between inflation and unemployment
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