Asked by Aliya leblanc on Apr 29, 2024

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All of the following are objectives of the Federal Reserve system,except

A) to provide a constant level of currency,resisting pressure for currency growth.
B) to supervise and regulate our financial institutions.
C) to provide banking services for the U.S.government.
D) to serve as a lender of last resort to commercial banks and thrift institutions.
E) to conduct monetary policy.

Federal Reserve System

The central banking system of the United States, responsible for regulating the national money supply and ensuring financial stability.

  • Familiarize oneself with the tools and purposes of the Federal Reserve System.
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ZK
Zybrea KnightMay 03, 2024
Final Answer :
A
Explanation :
The Federal Reserve's objectives include supervising and regulating financial institutions, providing banking services to the U.S. government, serving as a lender of last resort, and conducting monetary policy. However, providing a constant level of currency and resisting pressure for currency growth is not an objective; instead, the Fed adjusts the money supply as needed to support economic goals.