Which of the following does not describe some of the functions of the Federal Reserve Bank? A. Regulates the money supply and intervenes in foreign exchange markets. B. Acts as the government's fiscal agent, supervises banks and acts as a lender of last resort. C. Supplies the economy with fiduciary currency, provides a system for check clearing and holds depository institutions' reserves. D. Acts as a medium of exchange, a unit of accounting, a store of value and a standard of deferred payment.
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