Which of the Following Is Currently a Main Role of the Federal

question 5

Multiple Choice

Which of the following is currently a main role of the Federal Reserve's Board of Governors?

• A) regulating commercial banks
• B) regulating foreign trade
• C) controlling monetary policy
• D) A and C

---

Definitions:

Regulatory Focus Theory

A promotion focus causes people to be approach-oriented in constructing a sense of self; a prevention focus causes people to be more cautious and avoidant in constructing a sense of self.

Promotion Focus

A motivational orientation aimed at achieving positive outcomes and realizing aspirations or dreams.

Prevention Focus

A motivational orientation geared towards avoiding negative outcomes or maintaining safety and security.

Self-Perception Theory

A theory suggesting that individuals form their attitudes and emotions by observing their own behavior and context, especially when internal cues are difficult to interpret.