In its role as a regulator, the Fed:
A) maintains the federal government's checking account.
B) influences the economy through taxation and spending decisions.
C) oversees mergers and acquisitions.
D) coordinates the check-clearing process for checks on behalf of banks.

Question

Quizplus · Accepted Answer

The Fed oversees mergers and acquisitions to ensure that they do not create monopolies or other anti-competitive practices.

In Its Role as a Regulator, the Fed