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QUESTION 5 'he Federal Open Market Committee consists of the: () 7 members selected by the President and a chairperson selected by the Board of

QUESTION 5 'he Federal Open Market Committee consists of the: () 7 members selected by the President and a chairperson selected by the Board of Governors of the Federal Reserve Sys! () 9 directors each elected by a district Federal Reserve Bank and 3 members selected by the Treasury secrelary. @ 12 district Federal Reserve Bank presidents, the 7 governors from the Board of Governors, and the Treasury secretary. (O None of these

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