Federal Reserve System

posted by .

I read this on Wikipedia.. The Federal Reserve System is a part of government that regulates the private banks

And I am stuck at this question.

The Federal Reserve System
c. regulates only national banks.
e. None of these answers is correct.

  • Federal Reserve System -

    If you mean "regulate" as in supervisory, False.

    The FDIC does do some regulations, but it is not a part of the Federal Reserve System.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. the federal reserve

    How does the Federeal Reserve control the amount of money in circulation?
  2. business

    are all banks part of the federal reserve system?
  3. Macroeconomics

    Show the changes to the T-accounts for the Federal Reserve and for commercial banks when the Federal Reserve buys $50 million in U.S. Treasury bills. If the public holds a fixed amount of currency (so that all loans create an equal …
  4. American Government

    The Federal Reserve System b. is run by a congressional committee. c. regulates only national banks. e. None of these answers is correct. I would say C..
  5. USA PoliScience

    36. The Federal Reserve System c. regulates only national banks. e. None of these answers is correct. I am confused between my last two choices.
  6. home economics

    As part of the nation’s recovery from the Great Depression of the 1930s, the banking system was reformed in which of the following ways?
  7. Social Studies (Ms. Sue)

    What did the Federal Reserve Act do? My answer: The Federal Reserve Act improved the nation's monetary and banking systems, creating the modern banking system and a more flexible currency by allowing banks to control money supply.
  8. Macroeconomic

    All of the following statements are true of the Federal Reserve EXCEPT: A. Acts as the central bank for all countries in the world. B. Along with the Board of Governors, the chairperson of the Federal Reserve determines monetary policies …
  9. U.S. History

    Explain why President Wilson proposed the establishment of the Federal Reserve System. A: President Wilson proposed the establishment of the Federal Reserve System to restore public confidence in the banking system. The United States …
  10. the fed

    Which best describes one of the ways in which the Federal Reserve has an impact on the national economy?

More Similar Questions