Multiple Choice
Which of the following is not a function of the Federal Reserve System?
A) holding deposits of member banks
B) clearing checks
C) making loans to member banks
D) serving as a bank to the Federal government
E) making loans to the public
Correct Answer:
Verified
Correct Answer:
Verified
Q148: When silver and gold were used as
Q167: Many banks in the U.S.failed in the
Q168: All of the following are depository institutions
Q169: U.S.banks have grown primarily through<br>A)America's longstanding preference
Q170: The tendency of bankers to take unwarranted
Q171: The Board of Governors<br>A)composes a minority of
Q173: The Fed's tools for regulating the money
Q174: The currency of Camelot is the noble.King
Q175: Specialization of labor means that<br>A)production requires a
Q177: The original bankers were<br>A)seigniors<br>B)governments<br>C)savings and loan institutions<br>D)farmers<br>E)goldsmiths