The federal open market committee directive

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Reference no: EM13774376

The Federal Open Market Committee directive is a

A. general statement of Federal Reserve policy goals

B. detailed description of government security purchases to be carried out by the New York Federal Reserve bank

C. statement specifying the maximum level of inflation the Federal Reserve will accept

D. statement specifying the maximum level of unemployment the Federal Reserve will accept.

Reference no: EM13774376

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