Schenectady County, New York
The FOMC, or Federal Open Market Committee, is the Fed's monetary policymaking body. The Federal Reserve Act of 1913 delegated monetary policymaking to the Federal Reserve. The Federal Reserve is in charge of three monetary policy tools: open market operations, the discount rate, and reserve requirements.
The Federal Reserve's open market operations (OMOs)—the purchase and sale of securities in the open market by a central bank—are a key tool in the implementation of monetary policy. The Federal Open Market Committee establishes the short-term goal for open market operations (FOMC). The Federal Open Market Committee's primary responsibility is to buy and sell federal government bonds in order to conduct monetary policy.
To know more about open market operations here-
brainly.com/question/12646295
#SPJ4
Answer: Decision Making by consumers.
Explanation:
When a decision is made by a consumers, this decisions sets in place a chain of reactions that change their lives, the lives of those around them ( this includes their immediate family and community at large). and the lives of people they haven’t even met before. What this single decision does is that it sets in motion a chain of reactions.
I believe the answer is: Core
A nations is considered as a core of world's economic system if every economic decisions that made by that country would most likely set up the economic trend for the rest of the world. Other example of nations that considered as a 'core' are: England, China, Russia, and Germany
