Which of the Following Is Not an Activity of Fed

question 12

Multiple Choice

Which of the following is not an activity of Fed district banks?

• A) clearing checks
• B) replacing old currency
• C) providing loans to depository institutions
• D) acting as an intermediary to match up lenders and borrowers in the stock market

---

Definitions:

Satisfied Need

A requirement or desire of individuals or organizations that has been fulfilled.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single party can dictate prices or terms of trade.

Government Antitrust

Regulatory actions and laws implemented by the government to promote competition and prevent monopolies and other practices that restrain trade.

Price Setting

The process by which a company decides on the selling price of its products or services.