Which is NOT a function of the Federal Reserve?
A) serving as the lender of last resort
B) regulating the U.S.financial system
C) regulating the U.S.money supply
D) providing loans to small businesses

Question

Quizplus · Accepted Answer

Providing loans to small businesses is not a function of the Federal Reserve. The other three options are all functions of the Federal Reserve:

A) serving as the lender of last resort
B) regulating the U.S.financial system
C) regulating the U.S.money supply
D) providing loans to small businesses

B) regulating the U.S. financial system - the Fed has the power to regulate and oversee banks, financial markets, and other institutions to ensure they are operating in a safe and sound manner.

C) regulating the U.S. money supply - the Fed can influence the money supply by adjusting interest rates, buying or selling government securities, and taking other actions to control the availability of credit and money in the economy.

Which Is NOT a Function of the Federal Reserve