Which of the following is NOT a role of the Federal Reserve System?(1 point)

Responses

providing banking services for commercial banks
providing banking services for commercial banks

providing loans to individuals and corporations
providing loans to individuals and corporations

setting discount rates charged to member banks
setting discount rates charged to member banks

regulating member banks

1 answer

The option that is NOT a role of the Federal Reserve System is:

providing loans to individuals and corporations

The Federal Reserve primarily deals with banks and financial institutions rather than providing direct loans to individuals and corporations.