Which of the Following Is the Basic Economic Policy Function

question 44

Multiple Choice

Which of the following is the basic economic policy function of the Federal Reserve Banks?

• A)holding the deposits or reserves of commercial banks
• B)acting as fiscal agents for the federal government
• C)controlling the supply of money
• D)collecting or clearing checks among commercial banks

---

Definitions:

Lottery Ticket

A slip of paper or digital token used in a lottery game where players select numbers or symbols hoping to match a draw for monetary or other prizes.

Structuring Decision

Involves organizing and prioritizing decision-making factors and criteria to make complex decisions more manageable.

Goal Setting

Goal setting involves establishing specific, measurable, achievable, relevant, and time-bound objectives to guide behavior and track progress.

Prefrontal Cortex

A region in the frontal lobe that is involved with executive functioning.