The Fed

question 159

Multiple Choice

The Fed

• A) clears checks.
• B) holds depository institutions' reserves.
• C) is the government's banker.
• D) supplies Federal Reserve Notes.
• E) all of the above

---

Definitions:

Product Line

A group of related products under a single brand sold by the same company.

Product Mix

The combination of all the products a company sells.

Marketing Mix

A framework used by marketers consisting of the four Ps: Product, Price, Place, and Promotion.

Service

Intangible activities or benefits that an entity provides to consumers, which do not result in ownership of anything physical.