Which of the Following Functions Are Not Performed by Any

question 35

Multiple Choice

Which of the following functions are not performed by any of the twelve regional Federal Reserve banks?

• A) Check clearing
• B) Conducting economic research
• C) Setting interest rates payable on time deposits
• D) Issuing new currency

---

Definitions:

Monetary Policy

The process by which a government, central bank, or monetary authority manages the supply of money and interest rates to achieve specific economic objectives.

Fed's Actions

Measures taken by the Federal Reserve to influence the U.S. economy's money supply and interest rates.

Net Exports

Spending on domestically produced goods by foreigners (exports) minus spending on foreign goods by domestic residents (imports).

Central Bank

An institution that manages a country's currency, money supply, and interest rates, usually with the aim of managing inflation and ensuring financial stability.