Question

Which of the following best describes the purpose of the Federal Reserve Bank? A. The Federal Reserve Bank manages the U.S. economy by controlling the money supply. B. The Federal Reserve insures deposits to make sure customers don't lose money if their bank fails. C. The Federal Reserve regulates economic activity to prevent the demand for withdrawals from rising above 10 percent. D. The Federal Reserve assures a free-market system by preventing unnecessary government regulations.

Answer 1

A because they control all of the money with taxes and supply and demand

Answer 2

Answer:

The Correct Answer is A

Explanation:

• The Federal Reserve System, usually mentioned as the Federal Reserve or naturally "the Fed," is the central bank of the United States.
• It operates to restore and sustain the nation's financial operation.
• It presents economic assistance to the administration, monitors economic organizations, controls the mortgage system, strengthens customer safeguard legislation, and manages monetary policy.