The Federal Reserve System
b. is run by a congressional committee.
c. regulates only national banks.
e. None of these answers is correct.
I would say C..
2 answers
I agree.
BUT...
In the current system, private banks are for-profit businesses but government regulation places restrictions on what they can do. The Federal Reserve System is a part of government that regulates the private banks
In the current system, private banks are for-profit businesses but government regulation places restrictions on what they can do. The Federal Reserve System is a part of government that regulates the private banks
1 answer