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Use the following table to determine the correct order of the given steps in the Federal Reserve's monetary policy decision-making process. Step Description Step Order
Use the following table to determine the correct order of the given steps in the Federal Reserve's monetary policy decision-making process. Step Description Step Order Presentations are made by staff members about current economic conditions and recent economic trends. ni Voting members of the FOMC vote on whether the federal funds rate target should be changed. FOMC members receive expert analyses of the economy and economic forecasts. FOMC members receive the Beige Book, which is a consolidated report of regional economic conditions in each of the 12 districts. The manager of the Trading Desk instructs traders who work at that desk on the amount of Treasury securities to buy or sell in the secondary market
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