Multiple Choice
Which of the following does the Federal Reserve not do?
A) It controls the supply of money.
B) It acts as a lender of last resort to banks.
C) It makes loans to any qualified business that requests one.
D) It tries to ensure the health of the banking system.
Correct Answer:
Verified
Correct Answer:
Verified
Q32: The Federal Reserve<br>A)was created in 1913.<br>B)is the
Q33: The president of each regional Federal Reserve
Q34: A central bank's setting (or altering)of the
Q35: FOMC voting rights<br>A)are given to all twelve
Q36: The agency responsible for regulating the money
Q38: All of the presidents of the regional
Q39: The members of the Federal Reserve's Board
Q40: If the Federal Open Market Committee decides
Q41: When the Federal Reserve sells assets from
Q42: All Fed purchases and sales of<br>A)corporate stocks