Homework Answers
Answer - True
Reason - Fed has become technologically creative. Fed found that money must be necessarily present physically in order to exchange something.Business and consumers can use other means such debit cards , credit card, online transaction and other transfers. So when fed creates this electronic money instead of physical cash than any US Bank who has Account in federal reserve bank can access this money and use this money to lend others who want to borrow .
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14 When the Fed creates electronic money," then any U.S. bank that has an account at...
9 As of 2020, the Federal Reserve Bank has "total control of the Fed Funds Market....
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As of 2020, the Federal Reserve Bank has "total control of the Fed Funds Market. They...
As of 2020, the Federal Reserve Bank has "total control of the Fed Funds Market. They tell banks exactly what they can and can't do in this private market. The banks must follow the orders of the Fed and they can't lend money to each other without the Fed's permission. True or False True False
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18 Congress has the legal right to force the Federal Reserve Bank to accept and carry out their suggested recommendations regarding Monetary Policy. 8 03:57:44 True or False True False 19 The Federal Reserve Bank is the chief regulatory agency among all of the financial regulatory agencies like the SEC, FDIC, etc... The Federal Reserve Bank has the most regulatory power. 03:57:40 Multiple Choice This is foise - the US Treasury Department has the most regulatory power in the U.S....
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