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  3. Study Set
    Economics A Contemporary Introduction
  4. Exam
    Exam 15: Banking and the Money Supply
  5. Question
    The Fed Is Profitable Because It
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The Fed Is Profitable Because It

Question 5

Question 5

Multiple Choice

The Fed is profitable because it


A) is managed efficiently
B) pays no interest on its liabilities but earns interest on its assets
C) earns interest on bank deposits
D) invests in the stock market
E) pays its workers poorly

Correct Answer:

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