Asked by Sophony Henri on Jun 17, 2024
Verified
Which of the following is not an activity of the Fed?
A) Making loans to the public
B) Clearing banks' checks
C) Lending funds to the Federal government
D) Purchasing U.S.government securities
E) Holding deposits of the U.S.Treasury
Fed
The Federal Reserve System, the central banking system of the United States, which regulates banks, manages the country's money supply, and aims to ensure economic stability.
U.S. Government Securities
Instruments for raising funds issued by the Treasury Department of the United States to support the federal government's expenditures.
Deposits
Deposits refer to the funds that customers place into their bank accounts, which can include savings, checking, and other types of accounts.
- Familiarize yourself with the operations and tools employed by the Federal Reserve for the oversight of the money supply.
Verified Answer
Learning Objectives
- Familiarize yourself with the operations and tools employed by the Federal Reserve for the oversight of the money supply.
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