Question

Consumers benefit from Federal Reserve oversight because they.? A) entrust their money to banks and other financial institutions. B) prefer paying fewer taxes for goods and services. C) often borrow more money than they should. D) want to keep prices for goods and services low

Answer 1

The purpose of Federal Reserve is  to provide more efficient supervision in terms of banking in the United States. It seeks to effectively manage the country's monetary properties through policies, protect credit card ownership of the consumers and facilitate the exchange of money from one state to the other. The answer is A. 

Answer 2

Consumer benefit from Federal Reserve oversight because they can entrust their money to banks and other financial institutions. The Federal Reserve is subject to oversight by the Congress. There are a number of levels of oversight to help ensure that the system is well managed and effective.

The answer would be letter A.