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26. What is the FOMC (be sure to state what the letters 'FOMC stand for) and its purpose? Explain who serves on the FOMC and

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26. What is the FOMC (be sure to state what the letters 'FOMC stand for) and its purpose? Explain who serves on the FOMC and how they are chosen. the Federal Reserve felt the economy was growing too aggressively explain what action they might ke through open market operations? Be sure to explain why

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