The primary source of revenue for the Federal Reserve is
A) the interest earned on the bonds held by the Fed.
B) its annual appropriation from Congress.
C) the interest earned on discount loans to banks.
D) the dividends earned on the stocks held by the Fed.
Correct Answer:
Verified
Q43: Open market operations is the
A) tool most
Q44: Which of the following will increase the
Q45: If the Fed raises the discount rate,
Q46: When the required reserve ratio is lowered,
A)
Q47: Which of the following would cause the
Q49: If the Fed lends to member banks,
Q50: The Federal Reserve System is owned by
A)
Q51: Suppose the Fed bought $150 million of
Q52: If the Fed buys a T-bill from
Q53: When reserve requirements are increased, the
A) excess
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