Which Is NOT True of the Federal Reserve System

question 10

Multiple Choice

Which is NOT true of the Federal Reserve System?

• A) It maintains the bank account of the U.S.Treasury.
• B) It carries out policies passed by the federal government.
• C) It regulates the nation's money supply.
• D) It serves as the banker's bank.

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Definitions:

Amine Group

A functional group in organic chemistry consisting of a nitrogen atom bonded to hydrogen atoms, often found in amino acids.

Amino Acid

Organic compounds that combine to form proteins, serving as the building blocks of life.

Ammonia

A colorless gas with a characteristic pungent smell, used in many industrial and cleaning products, which is toxic in high concentrations.

Urea

Urea is a nitrogenous compound produced in the liver as a waste product of protein metabolism and excreted in urine.