Which of the following is the main purpose of the Federal Reserve System?
O Control the nation's money supply.
Help new banks to open for business.
Set the nation's yearly budget priorities.
Provide funds for executive branch salaries.

Question

01-08-2022
Social Studies

Answered

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Which of the following is the main purpose of the Federal Reserve System?
O Control the nation's money supply.
Help new banks to open for business.
Set the nation's yearly budget priorities.
Provide funds for executive branch salaries.

Sagot :

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abiolataiwo2015 abiolataiwo2015 · Answer 1 · 2022-08-03T11:29:08-04:00

The statement that is the main purpose of the Federal Reserve System is: A. Control the nation's money supply.

What is Federal Reserve System?

Federal Reserve System can be defined as the system that help to regulate or control how money flow in a nation.

Federal Reserve System aims and objectives is to manage or control the nation's money supply, to ensure that a nation financial markets is regulated and to promote stable prices as well as economic growth of a nation.

Therefore the statement that is the main purpose of the Federal Reserve System is: A. Control the nation's money supply.

Learn more about Federal Reserve System here:https://brainly.com/question/7798250

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Sagot :

What is Federal Reserve System?

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