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Nady [450]
2 years ago
12

Which if these is NOT a function of the Federal Reserve?

English
1 answer:
Kipish [7]2 years ago
4 0

“Managing the Federal deficit” is not a part of the function of the Federal Reserve.

<u>Explanation:</u>

The federal deficit is the difference between the expenditure that the government makes against the revenues that it gets from the various taxes laid down for its citizens.

  • The Federal Reserve mostly regulates the money for the various banks in the country, making sure it functions properly and gives it aid when needed.
  • They conduct monetary policy for the smooth inflow of the money in the country along with providing a baseline of functioning for all the district banks as well.

They do not have control over default loans and nor do they have control over the expenditure that the government would have to make in times of emergency.

Hence, they do not manage or look over the Federal deficit

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Answer:

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The king again went to his teacher and asked him about this. His teacher with a smile on his face stated," the difference between both of you is that your family is your whole state and the farmer's family is only his wife and children. He has to take care of only three to four people whereas your task is to take care of a large number of people. More responsibility, more uneasiness of mind."

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