Quizzma Latest Questions

A responsibility the Federal Reserve has is to

A responsibility the Federal Reserve has is to A. loan money to banks during a crisis.

B. loan money to corporations for capital.

C. provide banking services to consumers.

D. provide financial services to corporations.




Leave an answer

Leave an answer

What is the capital of Egypt? ( Cairo )

1 Answer

  1. The correct answer is A. loan money to banks during a crisis.

    The Federal Reserve, as the central bank of the United States, acts as a lender of last resort during financial emergencies. This means that it provides emergency funds to banks experiencing liquidity issues to help stabilize the banking system and prevent broader economic crises. Options B, C, and D are not primary responsibilities of the Federal Reserve. If you have more questions or need deeper insights, feel free to ask!

Related Questions