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2 November, 17:14

Which of the following is not one the responsibilities of the federal reserve

A. supervising the reserve banks

B. maintaining a stable banking system

C. setting the nations monetary policy

D. Establishing the federal budget

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Answers (2)
  1. 2 November, 18:07
    0
    The federal reserve is not responsible for maintaining a stable banking system. This is the role of the central banks. The federal reserve, however, is responsible for supervising the reserve banks, setting the nation's monetary policy and establishing the federal budget.
  2. 2 November, 18:38
    0
    The answer to this question is: Establishing the federal budget

    The federal budget is first created by President and his/her personal team members. After that, the president has to submit the proposal of the budget to the congress. If the Congress gave an okay sign, The House and Senate will pass budget resolutions.
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