Which of the Following Is Not a Function of the Fed

question 158

Multiple Choice

Which of the following is not a function of the Fed?

• A) It oversees interbank payment systems.
• B) It monitors the stockholders' equity of commercial banks.
• C) It regulates the various stock markets in the economy.
• D) It ensures that commercial banks report their assets and liabilities with accuracy.

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Definitions:

Monroe Doctrine

A United States policy declared in 1823, opposing European colonization in the Americas and stating that any intervention in the politics of the Americas by foreign powers would be seen as a hostile act.

European Powers

Refers to the leading countries in Europe, historically recognized for their global influence and colonial activities.

Latin America

A region in the Western Hemisphere, characterized by countries that speak Romance languages, primarily Spanish and Portuguese.

Free Blacks

African Americans who were not enslaved before the Civil War, enjoying limited rights in America.