Do you think the FOMC has an easier or a harder time agreeing on monetary policy than the Governing Council of the ECB?

multiple choice

• The FOMC will have a harder time agreeing on monetary policy.

• The FOMC will have an easier time agreeing on monetary policy.

Why?

Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the box once to place a check mark. For incorrect answer(s), click the option twice to empty the box.

check all that apply

• The presence of national biases may make agreement among members of the FOMC more difficult.unanswered
• The Governing Council of the ECB has very little regional bias.unanswered
• The presence of national biases may make agreement among members of the Governing Council of the ECB more difficult.unanswered
• Fewer members are likely to have an easier time coming to a decision than a larger group.unanswered
• The FOMC has very little regional bias.