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.
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Because of the approach that benefits from running the
emergency relief program, it cause Harry Hopkin to have a position in the organization
in which he is appointed to be the head in terms of the work’s progress
administration that will not only benefit the organization but also him.
Answer: An empirical generalization
Explanation:
An empirical generalization in research, is an inference made after observing the relationship between two or more variables under different conditions.
In a research, this is the step after hypothesis and observation. The first step here is a question about correlation of fear of crime and police presence in a community. By proving that there is no relationship between these two variables, the researcher can move on to theory building where he/she reconciles their discoveries and knowledge of related fields.
<span>The answer is preemption. The preemption doctrine raises to
the idea that a higher authority of law will move the law of a lower authority
of law when the two authorities come into conflict or encounter. When federal
and state law conflict, federal law shifts, or preempts, state law, due to
the Supremacy Clause of the Constitution. U.S. Const. art. VI.,
§ 2. Preemption relates nevertheless of whether the conflicting laws come
from legislatures, courts, administrative agencies, or constitutions. For instance,
the Voting Rights Act, an
act of Congress, anticipates state constitutions, and FDA regulations may
preempt state court judgments in cases concerning prescription drugs.</span>
