Question

What are the responsibilities of the Federal Reserve? Check all that apply.
A) regulate and supervise the American banking industry
B) loan money to banks in a crisis
C) provide banking and loan services to individual Americans
D)manage the nation's currency supply
E) loan money to corporations that want to raise capital​

Answer 1

Answer:

ergdghjbvfhmbggukjff

Answer 2

Responsibilities of Federal Reserve System

Explanation:

• The Federal Reserve System (FRS), also known as "the Fed," is the United States' central bank and perhaps the world's most powerful financial institution.
• It was established to provide the country with a monetary and financial system that was safe, adaptable, and stable.
• The central bank is normally in charge of formulating monetary policy and regulating member banks in modern economies.
• The Fed is made up of 12 regional Federal Reserve Banks, each of which is in charge of a different part of the country.
• The Federal Reserve System ("The Fed") is the United States' central bank and monetary authority. The Fed ensures that the country's monetary and financial systems are safe, adaptable, and stable.
• The Fed's monetary policy-making body, the Federal Open Market Committee (FOMC), is in charge of the country's money supply.
• Conducting national monetary policy by influencing the US economy's monetary and credit circumstances in order to guarantee maximum employment, stable prices, and moderate long-term interest rates.
• Banking institutions are supervised and regulated to maintain the banking and financial system's safety and to protect consumers' credit rights in the United States. Keeping the financial system stable and reducing systemic risk.
• Providing financial services to depository institutions, the US government, and foreign official institutions, including playing a key role in the operation of the national payments system.