Ask Question
BusinessBusiness
12 May, 12:01

The Federal Reserve System performs many functions, but its most important one is

a. issuing currency.

b. controlling the money supply.

c. providing for check clearing and collection.

d. acting as a fiscal agent for the U. S. government.

+3
Answers (1)
  1. 12 May, 15:27
    0
    b. controlling the money supply.

    Explanation:

    The main function of the federal reserve is to control the money supply. This is accomplished through expansionary or contractionary monetary policies, in which the Federal Reserve influences the amount of economy in the economy by controlling its supply. An open marketing policy, ie selling and buying securities, for example, is used to control the amount of currency in the economy.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The Federal Reserve System performs many functions, but its most important one is a. issuing currency. b. controlling the money supply. c. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
There are very few, if any, good substitutes for motor oil. therefore, the
Answers (1)
Carol's biology class was given the task of determining the average thickness of birch leaves. they were given no instructions from the teacher but would be graded on accuracy. each team devised their own method to measure the birch leaf thickness.
Answers (1)
What food items need time and temperature control for safety
Answers (1)
In the current yearMr. D sold a parcel of land (acquired and held for investment), which had an adjusted basis to him of $25,000 for $37,500 cash and artwork with a fair market value of $12,500. The buyer also assumed $10,000 mortgage on the land.
Answers (1)
List 5 ways that local, state, and federal government are involved in your daily life. Provide specific examples in your list. (its under the topic of economics).
Answers (1)
New Questions in Business
In an advertisement, FreshAir, Inc. stated that its air freshener lasted for 3 hours while the competitor's Smell Sweet lasted for only 36 minutes. In fact, Smell Sweet freshens the air for more than 2 hours.
Answers (1)
How many american adults are affected by specific phobias each year? a. 920,000 b. 13.2 million c. 26.2 million d. 19.2 million?
Answers (1)
A local government awards a landscaping company a contract worth $1.5 million per year for five years for maintaining public parks. The landscaping company will need to buy some new machinery before they can take on the contract.
Answers (1)
According to the presentation, the first step in making a major purchase is: A. choosing a salesperson B. determining the features C. you want to do your research D. finding out what the taxes will be
Answers (1)
Bank Corp.'s voting stock is owned by the following individuals: Farber, 25%; Farber's mother, 15%; Farber's father, 40%; and Grosset, an unrelated person, 20%. Farber's sister sold equipment to Bank at a loss.
Answers (1)
Home » Business » The Federal Reserve System performs many functions, but its most important one is a. issuing currency. b. controlling the money supply. c. providing for check clearing and collection. d. acting as a fiscal agent for the U. S. government.
Sign Up Forgot Password?