brownwood3402 brownwood3402

18-03-2020
Business

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The main function of the Federal Reserve System is to:

A. Control the money supply
B. Set reserve requirements of banks
C. Clear checks from member banks
D. Serve as the fiscal agent for the Federal government

Respuesta :

adebayodeborah8 adebayodeborah8

18-03-2020

Answer:

D. Serve as the fiscal agent for the Federal government

Explanation:

one of the main responsibilities of Federal Reserve System is to serve as a fiscal agent and depository for the federal government .some other responsibilities performed by the Federal Reserve System

conducting monetary policy
promoting financial system stability
supervising and regulating financial system activities
manages inflation

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