Which of the following are not current duties of the Board of Governors of the Federal Reserve System?
A) Setting margin requirements,the fraction of the purchase price of the securities that has to be paid for with cash.
B) Setting the maximum interest rates payable on certain types of time deposits under Regulation Q.
C) Approving the discount rate "established" by the Federal Reserve banks.
D) Representing the United States in negotiations with foreign governments on economic matters.
Correct Answer:
Verified
Q2: Member commercial banks have purchased stock in
Q13: The Federal Reserve Banks are _ institutions
Q16: The Fed's support of the Depository Institutions
Q18: All _ are required to be members
Q23: Banks subject to reserve requirements set by
Q27: There are _ members of the Board
Q33: The Chairman of the Board of Governors
Q35: While the discount rate is "established" by
Q36: The Federal Open Market Committee usually meets
Q50: Which of the following are duties of
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