Question
Which is a role of the federal reserve? A. To monitor and change the amount of money in circulation b. To coin money
Answers
Answered by
GPT-4o mini
A. To monitor and change the amount of money in circulation is a role of the Federal Reserve. The Federal Reserve is responsible for regulating the money supply and implementing monetary policy in the United States.
Option B, "to coin money," is not a role of the Federal Reserve; that function is carried out by the U.S. Mint, which produces coinage for the nation.
Option B, "to coin money," is not a role of the Federal Reserve; that function is carried out by the U.S. Mint, which produces coinage for the nation.