please do both questions and explanation for the like and thumps up.

24 24) The Federal Reserve entity that determines open market strategy is the of astion Select one: a. Board of Governors, b. Federal Open Market Committee. c. Chairman of the Board of Governors. d. Regional federal reserve banks. e. A and D together 25 25) Supporters of the current system of Fed independence believe that a less autonomous Fed would tot Select one: a. adopt a long-run bias toward deflation. b. pursue overly expansionary monetary policies, which brings Inflation in the long run c. be more likely to create a political business cycle. d. do only B and C of the above. estion