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25 October, 17:36

What are 6 functions of the FED?

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Answers (2)
  1. 25 October, 17:45
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    clearing checks, government's fiscal agent, member banks supervisor, authorizing supply of money, supplying paper for money, and setting reserve requirements
  2. 25 October, 20:45
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    1. Clearing Checks.

    2. Acting as the Federal Government's Fiscal Agent.

    3. Supervising Member Bank.

    4. Regulating the money supply.

    5. Setting reserve requirement.

    6. Supplying paper currency.
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