Question

The Federal Open Market Committee (FOMC). Multiple Choice provides advice on banking stability to the Fed. sets policy on the sale and purchase of government bonds by the Fed. follows the actions and operations of financial markets to keep them open and competitive. monitors regulatory banking laws for member banks.

Answer 1

follows the actions and operations of financial markets to keep them open and competitive.

Step-by-step explanation:

In simple words, The Federal Open Market Committee relates to the division of the Federal Reserve Board which decides the course of monetary policy, in particular by coordinating free market activities. The panel is formed up of twelve representatives: the manager, seven FRB supervisors named by the Parliament, and four national federated presidents.

Thus, from the above we can conclude that the correct statement is C.