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5 Cards in this Set
- Front
- Back
Board of governors |
The seven member board that oversees the federal reserve system |
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Monetary policy |
The actions the federal reserve takes to influence the level of real GDP and the rate of inflation in the economy |
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Federal Reserve districts |
Twelve banking districts create by the federal reserve actq |
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Federal advisory council (FAC) |
Research arm of the federal reserve |
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Federal open market committee (FOMC) |
Federal Reserve committee that makes key decisions about interest rates and the growth of the United states money supply |