The Federal Reserve System
A)is in charge of managing the New York Stock Exchange.
B)is headed by the Secretary of the Treasury.
C)is the central bank of the United States.
D)was dissolved in the late 1980s.

Question

Quizplus · Accepted Answer

The Federal Reserve System is the central bank of the United States, responsible for regulating the country's monetary policy and ensuring the stability of its financial system. It is not in charge of managing the New York Stock Exchange and is not headed by the Secretary of the Treasury. Additionally, it has not been dissolved and remains an integral part of the US economy.