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Which of the following statements about the Fed iscorrect? A. The FOMC meets approximately every six weeks to review the state of the economy. B.

Which of the following statements about the Fed iscorrect?

A.

The FOMC meets approximately every six weeks to review the state of the economy.

B.

The Board of Governors of the Federal Reserve System is located in New York City.

C.

The Federal Reserve Bank of Chicago occupies a special place in the Federal Reserve System because it implements some of theFed's most important policy decisions.

D.

The Board of Governors has sevenmembers, including the directors of the regional Federal Reserve Banks and the President of the United States.

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