The Federal Reserve System provides banking services to ________ because ________.
A) consumers and businesses;it is a central bank with responsibilities to the entire U.S.population
B) banks and businesses;it is a central bank with the primary purpose of regulating financial institutions and markets
C) commercial banks;it is a central bank with the primary purpose of regulating financial institutions and markets
D) no one;it is a central bank with the primary purpose of regulating financial markets
E) FDIC insured banks;they are the ones that have paid their membership fees and the only ones the U.S.central bank guarantees
Correct Answer:
Verified
Q130: The Board of Governors has
A)seven members appointed
Q131: In order to influence the interest rate,the
Q132: What is the central bank of the
Q133: The main policy-making body of the Federal
Q134: The Federal Open Market Committee consists of
A)12
Q136: Who regulates the quantity of money circulating
Q137: The Board of Governors of the Federal
Q138: Because the Federal Reserve System is a
Q139: The Federal Open Market Committee is
A)the main
Q140: The Board of Governors of the Federal
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