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What are the responsibilities of the Federal Reserve? Check all that apply.
-regulate and supervise the American banking industry
-loan money to banks in a crisis
-provide banking and loan services to individual Americans
-manage the nation’s currency supply
-loan money to corporations that want to raise capital

Answer :

Answer:

The following are the responsibilities of the Federal Reserve: option A, B and D.

Explanation:

The Federal Reserve System is the general bank of the United States. It's responsibilities and functions  are stated in order to promote the effective operation of  the U.S Economy and the public interest. Three of the main responsibilities the Federal Reserve has are: to regulate and supervise the American banking industry, to loan money to banks in a crisis, and to loan money to corporations that want to raise capital.

OlanmaE

The responsibilities of the Federal Reserve are:

  • Regulate and supervise the American banking industry
  • Loan money to banks in a crisis
  • Manage the nation’s currency supply

What is the Federal Reserve?

  • The Federal Reserve is the central bank in the United States that is charged with the responsibility of supervising the smaller banks in the nation.

  • They monitor and supervise the country's funds and loan money to banks in distress. They also regulate the banks to ensure that they are operating by the stipulated standards.

Learn more about the Federal Reserve here:

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