The Federal Reserve Board has all of the following powers EXCEPT the power to
A) increase or decrease the interest rate it charges on the loans it extends to member banks.
B) buy and sell government securities in order to increase or decrease the supply of money in the economy.
C) manipulate the interest rate charged by one bank to another on loans in the federal funds market.
D) investigate and prosecute tax evaders.
Correct Answer:
Verified
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