what controls interest rates to take increase or decrease the amount of money in consumers and investors…

what controls interest rates to take increase or decrease the amount of money in consumers and investors hands?\n the government\n the federal reserve\n\nhow is it determined which federal reserve bank presidents sit on the fomc every year?\n 5 presidents rotate\n 7 rotate\n new york president and 4 others who rotate\n 12

what controls interest rates to take increase or decrease the amount of money in consumers and investors hands?\n the government\n the federal reserve\n\nhow is it determined which federal reserve bank presidents sit on the fomc every year?\n 5 presidents rotate\n 7 rotate\n new york president and 4 others who rotate\n 12

Answer

Brief Explanations:

The Federal Reserve has the power to control interest - rates to influence the money supply in the hands of consumers and investors. The Federal Open Market Committee (FOMC) has 12 members, with the president of the Federal Reserve Bank of New York having a permanent vote and the other 4 voting members rotating among the remaining 11 regional bank presidents.

Answer:

  1. B. the Federal Reserve
  2. C. New York president and 4 others who rotate