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lana66690 [7]
3 years ago
15

An important function of the regional Federal Reserve Banks is Question 2 options: A) clearing checks. B) determining monetary p

olicy. C) setting margin requirements. D) setting reserve requirements.
Business
1 answer:
zysi [14]3 years ago
3 0

Answer:

B) determining monetary policy AND D) setting reserve requirements.

Explanation:

The Federal Reserve Bank is comprised of 12 regional Federal Reserve Banks that are each responsible for a specific geographic area of the U.S.

The Fed's main duties include <u>conducting national monetary policy, </u>supervising and regulating banks, maintaining financial stability, and providing banking services.

Furthermore, In the United States, the Federal Reserve Board of Governors <u>controls the reserve requirement</u> for member banks.

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For example, if country A sells shoes to country B, <em>under</em> a free trade agreement there will be no government tariffs imposed by country B on the goods imported from country A.

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