Which of the following is not a function of the Federal Reserve System?

a. To control the money supply.
b. To print new money.
c. To supervise and regulate banks.
d. To aid in the check clearing process.
e. To maintain and circulate currency.

b

Economics

You might also like to view...

Peak season demand for Orlando hotel rooms is: Rooms = 200,000 - 1000 Rate. What would be the nightly room rate that would fill all 100,000 rooms in Orlando hotels?

$150 $200 $100 $120 $50

Economics

According to the diagram in the figure above, an allocatively efficient use of resources requires that production and consumption of gasoline be

A) 1 million gallons of gasoline per month. B) 2 million gallons of gasoline per month. C) 3 million gallons of gasoline per month. D) 4 million gallons of gasoline per month.

Economics