Tackle the Test: Free-Response Questions

  1. Question

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    Rubric for FRQ 1 (5 points)

    1 point: The Federal Open Market Committee (FOMC)

    1 point: 12

    1 point: Members of the Board of Governors and the New York Federal Reserve Bank president

    1 point: 4 of the other 11 Federal Reserve Bank presidents

    1 point: The 11 other Federal Reserve Bank presidents rotate their service on the FOMC.

  2. Question

    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