The Fed operates
A) on a balanced budget
B) at a loss,since Federal Reserve notes and member bank deposits earn no interest
C) at a profit,since Federal Reserve notes and bank deposits earn no interest,but government securities and loans to commercial banks do
D) at a profit,since Federal Reserve notes and member bank deposits earn interest
E) at a loss,since Federal Reserve notes and member bank deposits earn interest,but government securities and loans to commercial banks do not
Correct Answer:
Verified
Q220: Lowering the discount rate is a way
Q221: The chance of encountering fake U.S.currency abroad
Q222: The world's largest source of bogus American
Q223: Transactions using debit cards and other electronic
Q224: If the Fed sells U.S.government securities to
Q226: The majority of the Fed's assets are
A)discount
Q227: If the Fed buys U.S.government securities from
Q228: Which of the following is not money?
A)check
B)coin
C)currency
D)debit
Q229: The U.S.Treasury is committed to keeping the
Q230: Most of the assets of the Fed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents