Author Question: List four of the Federal Reserve's key functions. What will be an ideal ... (Read 34 times)

shenderson6 · **on:** Jun 30, 2018

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 · **Reply #1 on:** Jun 30, 2018

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