List four of the Federal Reserve's key functions. What will be ...

[shenderson6]

List four of the Federal Reserve's key functions.
 
  What will be an ideal response?

Question 2

The government uses the buying power of wages in reporting changes in nominal wages in the economy.
 
  Indicate whether the statement is true or false

[leahchrapun]

Answer to Question 1

The Fed supplies currency to the economy. The Fed provides a system of check collecting and clearing. The Fed holds reserves from banks and regulates banks. The Fed conducts monetary policy.

Answer to Question 2

FALSE

[shenderson6]

Great answer, keep it coming

[strudel15]

Thanks for the timely response, appreciate it