The principal objective of the Federal Reserve System is to
A. circulate coins and paper Federal Reserve Notes.
B. subsidize the income of member banks.
C. help stabilize the economy through monetary policy.
D. make profits to remit to the Treasury Department.
Answer: C
Economics
You might also like to view...
The electricians union is a good example of:
A. exclusive unionism. B. an industrial union. C. how unions can simultaneously increase wage rates and employment by increasing the demand for labor. D. inclusive unionism.
Economics
Discuss the impact of demand and supply changes on market equilibrium price and quantity. Express this graphically.
What will be an ideal response?
Economics