Ling02
Ling02 Ling02
  • 12-01-2020
  • History
contestada

What are 6 functions of the FED?

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kaicjohnson02
kaicjohnson02 kaicjohnson02
  • 12-01-2020

Answer:

clearing checks, government's fiscal agent, member banks supervisor, authorizing supply of money, supplying paper for money, and setting reserve requirements

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alrubehz
alrubehz alrubehz
  • 12-01-2020

1. Clearing Checks.

2. Acting as the Federal Government's Fiscal Agent.

3. Supervising Member Bank.

4. Regulating the money supply.

5. Setting reserve requirement.

6. Supplying paper currency.

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