Question
All of the following statements are true of the Federal Reserve EXCEPT:
A. Acts as the central bank for all countries in the world.
B. Along with the Board of Governors, the chairperson of the Federal Reserve determines monetary policies and strategies based on state of economy.
C. Supplies currency to the economy
D. Holds reserves from banks and regulates banks.
Is the answer, A
A. Acts as the central bank for all countries in the world.
B. Along with the Board of Governors, the chairperson of the Federal Reserve determines monetary policies and strategies based on state of economy.
C. Supplies currency to the economy
D. Holds reserves from banks and regulates banks.
Is the answer, A
Answers
Ms. Sue
Right.
Juan
Thank you
Ms. Sue
You're welcome.