Question

In dealing with the U.S. government, the two key responsibilities of the Fed are lending money to the government and-

Answer 1

The two responsibilities of the Fed are:

• Lending money to the government and
• Controlling the nation’s paper currency.

The answer to this question is option A.

The Federal Reserve of the United States.

The federal reserve of the country is the body that is responsible for the regulations of the nations currency.

This body is also responsible for controlling the banks and also lending money to the government. They also issue treasuries and bonds to the government.

Read more on the Federal Reserve here:

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