Multiple Choice
The Federal Reserve System is:
A) a group of twelve commercial banks.
B) the central bank of the United States.
C) the agency of the U.S.government that insures commercial bank deposits.
D) the branch of the U.S.Treasury that keeps the U.S.gold reserves.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q17: If the Federal Reserve is currently paying
Q18: Because the Fed determines the money supply,
Q21: Refer to the figure below.Based on the
Q22: During the Great Depression in the United
Q24: A lower real interest rate _ saving
Q37: One problem with using monetary policy to
Q47: Which of the following would be expected
Q78: If potential output equals 3,000 and short-run
Q121: Lower nominal interest rates _ the amount
Q160: When the Federal Reserve lends reserves to