Which of the Following Is Not a Responsibility of the Fed

question 160

Multiple Choice

Which of the following is not a responsibility of the Fed?

• A) supervising member banks
• B) serving as the lender of last resort
• C) determining the level of government spending
• D) providing check-clearing services
• E) supplying the economy with Federal Reserve Notes

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Definitions:

Positive Impact

An effect or outcome that is beneficial or contributes positively to a situation or individual.

Enthusiastic Audience

A group of spectators or listeners who are highly interested and express excitement about the content presented to them.

Civic Organization

A civic organization is a group oriented towards the improvement and well-being of community life, often focusing on social, cultural, or charitable activities.

Claim Message

A statement asserting something to be true, typically one made formally, often as a demand for something due or believed to be due.