Which of the Following Is NOT a Function of the Fed

question 34

Multiple Choice

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

• A) Regulating the money supply in the economy
• B) Offering checking accounts to the U.S. public
• C) Acting as government's fiscal agent
• D) Providing a system of check collection and clearing for depository institutions

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Definitions:

Clever Hans

Clever Hans was a horse that was claimed to be able to perform arithmetic and other intellectual tasks, later found to be responding to subtle cues from his handler.

Arithmetic

The branch of mathematics dealing with the properties and manipulation of numbers, including operations like addition, subtraction, multiplication, and division.

Cues

Signals or stimuli that cause a response or direct attention, used in various contexts including psychology, communication, and behavior analysis.

ESP

Extrasensory perception, a claimed ability to gain information through means other than the known human senses.