Multiple Choice
The two main responsibilities of the Federal Reserve System are to ________ and to ________.
A) apprehend counterfeiters; regulate the stock market
B) enable banks to make affordable mortgages; control the exchange rate of the U.S. dollar
C) insure bank deposits; print currency
D) conduct monetary policy; oversee financial markets
Correct Answer:

Verified
Correct Answer:
Verified
Q57: Money serves as a basic yardstick for
Q58: The money supply in Econland is 1,000,
Q59: After the Federal Reserve increases reserves in
Q60: Money market mutual funds are _ the
Q61: If real GDP equals 1,500, nominal GDP
Q63: The quantity equation is always true because
Q64: The seven leaders of the Federal Reserve
Q65: In the past, some governments' budget deficits
Q66: Based on the information in the table,
Q67: The M2 measure of money consists of