What is the main function of the Federal Open Market Committee? (4 points) Extend loans to consumers. Oversee administration of

Question

maw [93]

3 years ago

9

What is the main function of the Federal Open Market Committee? (4 points) Extend loans to consumers. Oversee administration of

financial regulations. Set monetary policy to promote economic growth. Write laws governing finance and trade.

History

2 answers:

sveta [45] · Answer 1 · 2021-11-25T01:36:34+03:00

The Federal Open Marker Committee or FOMC as its acronym is on charge of oversee the administration of financial regulations as they regulate the open market operations in all of the US soil.

It makes several of the options above except extend loans to consumers. It also sets the monetary policies for transactions between banks.

Lostsunrise [7] · Answer 2 · 2021-11-25T03:42:35+03:00

Lostsunrise [7]3 years ago

7 0

Answer:

Extend loans to consumers

Explanation: