The main Functions of the Federal Reserve System are...(Select ALL that apply)

Question

Group of answer choices

Supply the economy with paper money

Supervise Member Banks

Serve as the lender of last resort

Control the money supply

talk to the American people like they are children

Answer 1

The main functions of the Federal Reserve System include:

1. Supply the economy with paper money
2. Supervise Member Banks
3. Serve as the lender of last resort
4. Control the money supply

"Talk to the American people like they are children" is not an official function of the Federal Reserve System.