Solved

What Is the Fedwire Used For

Question 33

Multiple Choice

What is the Fedwire used for?


A) Relaying important developments in financial markets to broker-dealers
B) Relaying important business developments to Federal Reserve officials in Washington
C) Clearing securities transactions
D) Sending federal government funds to disaster areas

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions