Which of the following is NOT a power of the Federal Reserve Board?
A) the power to increase or decrease the interest rate it charges on the loans it extends to member banks
B) the power to control the reserve requirement
C) the power to buy and sell government securities in order to increase or decrease the supply of money in the economy
D) the power to manipulate the interest rate charge by one bank to another on loans in the federal funds market
E) the power to enforce the federal government's antitrust policies
Correct Answer:
Verified
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