Which of the following is not a function of the Federal Reserve System?
A)limiting the national debt
B)setting the required reserve ratio for the deposit holdings of depository institutions
C)buying and selling government bonds to control the size and growth rate of the money supply
D)controlling inflation

Question

Which of the following is not a function of the Federal Reserve System?
A)​limiting the national debt
B)​setting the required reserve ratio for the deposit holdings of depository institutions
C)​buying and selling government bonds to control the size and growth rate of the money supply
D)​controlling inflation

Quizplus · Accepted Answer

The Federal Reserve System is not responsible for limiting the national debt. Its main functions are setting the required reserve ratio for depository institutions, buying and selling government bonds to control the money supply, and controlling inflation.

Which of the Following Is Not a Function of the Federal