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Which statement is true? O An excess of money supply leads to higher bond prices. O The most influential Federal Reserve Bank is located

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Which statement is true? O An excess of money supply leads to higher bond prices. O The most influential Federal Reserve Bank is located in Washington, D.C. O Higher rates of inflation will (ceteris paribus) lead to higher real wages. O The majority of votes on the Federal Open Market Committee are held by the various Presidents of the Federal Reserve Banks. O President Trump gets to appoint the various Presidents of the Federal Reserve Banks. Janet Yellen the current Chairperson of the Federal Reserve was appointed by President Trump.

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