Author Question: What is the central bank of the United States and what functions does it perform? What will be an ... (Read 125 times)

Lisaclaire

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What is the central bank of the United States and what functions does it perform?
 
  What will be an ideal response?

Question 2

Any output combination along a production possibilities frontier is associated with fully utilized resources.
 
  Indicate whether the statement is true or false


fromAlphatoOmega22

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Answer to Question 1

The Federal Reserve System is the central bank of the United States. The Federal Reserve conducts the nation's monetary policy and regulates the nation's depository institutions. The Fed provides banking services to commercial banks.

Answer to Question 2

TRUE



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