Which of the following is a function of the Federal Reserve System?
I. conducting fiscal policy
II. examining and supervising commercial banks in the Fed regions
III. evaluating corporate mergers

Question

Quizplus · Accepted Answer

The Federal Reserve System's main function is to conduct monetary policy, which involves managing the money supply and interest rates to stabilize the economy. In addition, the Fed also examines and supervises commercial banks in its regions to ensure their operations are sound and safe for customers. However, evaluating corporate mergers is not within the scope of the Fed's responsibilities.

Which of the Following Is a Function of the Federal