Which of the following is not a function of the Fed? a. Setting reserve requirements for banks.
Question:
Which of the following is not a function of the Fed?
a. Setting reserve requirements for banks.
b. Advising Congress on fiscal policy.
c. Regulating the supply of money.
d. Serving as a lender of last resort.
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The correct answer is b Advising Congress on fiscal policy Th...View the full answer
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Related Book For
Macroeconomics
ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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