Which of the following statements is false?
A) The Fed serves as the lender of last resort for banks.
B) The Fed serves as a fiscal agent for the U.S. Treasury.
C) A major responsibility of the Fed is to control the nation's money supply.
D) The federal government is the Fed's banker.
D
Economics
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Explain the relationship between the interest rate on a bond and the default risk on a bond
What will be an ideal response?
Economics
Companies issue stock because of all of the following except:
A. it allows the owners to raise capital without having to borrow. B. it allows the owners to turn an illiquid asset into a liquid one. C. it allows the owners to share the risk of failure. D. it allows companies to file bankruptcy.
Economics