Which of the Following Is NOT a Function of the Federal

question 411

Multiple Choice

Which of the following is NOT a function of the Federal Reserve System?

• A)regulating the money supply
• B)making loans to households and businesses
• C)acting as the fiscal agent of the federal government
• D)supervising member banks

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Definitions:

Saving Rate

The proportion of income that is not spent, but instead saved by individuals, households or the nation as a whole.

Productivity

measures the efficiency of production in terms of the amount of output generated per unit of input, such as labor or capital.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Capital Stock Per Worker

A measure of the amount of capital available per employee in a company or economy, indicating the level of investment in tools, buildings, and equipment each worker has to work with.