Solved

Which of the Following Is the Basic Economic Policy Function

Question 167

Multiple Choice

Which of the following is the basic economic policy function of the Federal Reserve Banks?


A) holding the deposits or reserves of commercial banks
B) acting as fiscal agents for the federal government
C) controlling the supply of money
D) collecting or clearing checks among commercial banks

Correct Answer:

verifed

Verified

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

Related Questions