2. What government agency governs the Federal Reserve, meets at least 8 times a year, is based in Washington, DC and sets monetary policy?

The chairman of the Board of Governors chairs the FOMC. The FOMC typically meets eight times a year in Washington, D.C. At each meeting, the committee discusses the outlook for the U.S. economy and monetary policy options. The FOMC is an example of the interdependence built into the Fed's structure.

The worst neighborhoods in the metro region were highlighted on color-coded maps.

In the 1930s, the government funded a company called Home Owners' Loan to draw a red lines on the color-coded map around the Brookline, New York area of Bedford-Stuyvesant.

Following the separating line, the corporation painted the zone red and assigned it the symbol "D" to indicate that this was the city's worst neighborhood.

Find out more information about 'Color-coded maps'

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