menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 17
  4. Exam
    Exam 14: Money,Banks,and the Federal Reserve System
  5. Question
    Which of the Following Is Not a Major Function of the Federal
Solved

Which of the Following Is Not a Major Function of the Federal

Question 98

Question 98

Multiple Choice

Which of the following is not a major function of the Federal Reserve System?


A) lender of last resort
B) clearing checks between banks
C) setting income tax rates
D) controlling the money supply

Correct Answer:

verifed

Verified

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

Related Questions

Q93: What are the implications of the quantity

Q94: The supply of money is easier to

Q95: To decrease the money supply,the Federal Reserve

Q96: The major shortcoming of a barter economy

Q97: What is the principle monetary policy tool

Q99: Banks keep _ of checking deposits as

Q100: Would the use of money,as opposed to

Q101: Open market operations refer to the buying

Q102: Table 14-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 14-1

Q103: Suppose Bill Gates deposits $20 million into

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines