What is the role of the federal open market committee (fomc)? a. it makes key decisions about interest rates and the growth of the united states money supply. b. it collects information on each federal reserve district and reports on economic conditions to the board of governors. c. composed of seven members appointed by the president, it oversees the federal reserve system. d. it redraws the map of the 12 federal reserve districts every ten years in response to economic changes.

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year