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Which statements best describes the roles of the federal reserve
A.) federal reserve prints the currency for the United States and controls the amount of money in circulation.
B.) The federal reserve provides lending directly ton consumers, businesses and other banks
C.) The federal reserve directs fiscal policy for there financial government , set interest rates and regulates the banking industry.
D.) The federal reserve directs monetary policy, sets interest rates, and provides banking services for commercial banks.


Sagot :

The statement that best describes the rules of the Federal Reserve is that the Federal Reserve directs monetary policy, sets interest rates, and provides banking services for commercial banks.

What is Federal Reserve?

The Federal Reserve is defined as the central banking system in the United States. This system was come into the existence from December 23, 1913.

Under this system, the Federal produces medium of exchange or money by buying or acquiring the securities from the wide-open market and then increase the related funds to the reserves banks of commercial banks.

This system provides the banking services to the commercial banks of the America, by directing the monetary policy, sets interest rates, and renders banking services.

Therefore, the correct option is D.

Learn more about the Federal Reserve, refer to:

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