Question

The part of the Federal Reserve that determines and implements the nation's monetary policy and controls the money supply to promote stable prices and economic growth is the:_______

a. president of the Board of Governors.
b. 12 Federal Reserve District Banks.
c. Federal Open Market Committee.
d. Board of Governors.

Answer 1

c. Federal Open Market Committee.

Step-by-step explanation:

Open market committe plays most important role for setting monetary policy by fixing target rate not actual rate.Thus they can increase or decrease interest rate.