Which of the following makes a true statement about the relationship between government and financial institutions?

Social Studies

1 answer:

andrew11 [14]3 years ago

5 0

Answer:

Option C

Explanation:

In the U.S.A, the Federal Reserve is the Central Bank of the nation. The main responsibilities of the bank include printing and circulation of the currency such that it helps in the maintenance of the growth of the economy.

It is controlled by the Department of Treasury, which also helps in the formation of fiscal policies. Through this, the government can pose rules to limit the charges of interest and fee by financial institutions.

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