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A:
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The Federal Open Market Committee (FOMC), is led by Chair Powell. What does this committee do, and where does the power reside?
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- who are some of the regulatory entites that oversee /regulate finanical marketsBased on the American “constitution,” which internal and external stakeholders, in the policy making process, possess “constitutional legitimacy” for their role in making public policy? Do entities with explicit power have more influence than those entities with implied powers in making public policy? Should they? Why or why not?What are the advantages and disadvantages of special interest groups within the democratic system of government? Should governments allow professional lobbyists to influence government legislation? Why or why not?
- Is the European Commission justified in its case against Google? Why or why not?Why are the actions of institutions like the European Commission important to the function of markets?How does the European Commission protect consumers?Why is it important to have the Chairperson of the Federal Reserve System be totally independent from the Executive Branch?List several provisions of the Sarbanes–Oxley Act that are designed to restore public confidence in the U.S. capital market system.
- What else can I say about this or what can be made? Board of Governors of the Federal reserve system Located in Washington DC, this seven-member board plays an instrumental role in the Federal Reserve System. All seven members are members of the FOMC and vote on open market operations. They set reserve requirements for banks and control the discount rate through the "review and determination" process. Furthermore, the chairman of the Board advises the President of the United States on economic policy. This board is quintessential to our Federal Reserve System.Why do we have banks chartered by the States, and some also chartered by the Federal government? What is the difference, if there is and which one is most preferred?a) Discuss briefly the history, legislation, function, remittance of the Capital Market Board (CMB). While writing your answer, focus on its mission and how the Board runs and what it does to achieve the mission.
- Give two examples of where the government involvement is excessive in a free market system? And two examples of where the government is not involved enough?What is the policy function performed by bodies such as the FASB and the SEC?List and discuss the three sources of inputs to the policy-making function.Give a critical analysis and give a clear recommendation of how government should tax its nationals, both natural and legal entities.