The FOMC ________.
A) meets four times a year to decide on how to conduct open market operations that influence the money supply
B) meets six times a year to decide on how to conduct open market operations that influence the money supply and interest rates
C) meets eight times a year to decide on how to conduct open market operations that influence the money supply and interest rates
D) meets twelve times a year to decide on how to conduct open market operations that influence interest rates
E) none of the above
ANSWER
C
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