Which of the following would best describe the Federal Reserve's most important function?
A)To influence the general health and performance of the economy
B)To lower interest rates always
C)To increase the volume of funds transferred from net borrowers to net lenders
D)To print and circulate money

Question

Quizplus · Accepted Answer

The Federal Reserve's most important function is to influence the general health and performance of the economy by implementing monetary policy, regulating banks, and providing financial services to the government and other institutions. While the other options may be functions of the Federal Reserve, they are not the most important.

Which of the Following Would Best Describe the Federal Reserve's