Which of the Following Is NOT a Power of the Federal

question 16

Multiple Choice

Which of the following is NOT a power of the Federal Reserve Board?

• A) the power to increase or decrease the interest rate it charges on the loans it extends to member banks
• B) the power to control the reserve requirement
• C) the power to buy and sell government securities in order to increase or decrease the supply of money in the economy
• D) the power to manipulate the interest rate charge by one bank to another on loans in the federal funds market
• E) the power to enforce the federal government's antitrust policies