Economics Questions Need Help With?

Economics questions need help with?
1) The Federal Open Market Committee is responsible for:
A) The Fed’s daily activity in financial markets.
B) Determining broad Fed policy.
C) Providing central banking services to individual banks.
D) Check cashing services for large corporations.
2) can be altered to change the lending capacity of the banking system.
A) Points charged on a typical first mortgage.
B) Gold reserves.
C) The reserve requirement.
D) The dollar exchange rate.
3) All of the following are true about a decrease in the discount rate except:
A) It reduces the cost of reserves borrowed from the Fed.
B) It signals the Fed’s eagerness to lend additional reserves.
C) It reduces the lending capacity of the banking system.
D) It signals the Fed’s desire to support credit creation.

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