Which of these is a banking activity of the fed

Posted By Admin @ September 03, 2022

Question:

Please help

Which of these is a banking activity of the Fed?
printing money
regulating securities markets
storing money for banks
funding government programs

Answer:

A banking activity of the federal government would be C) storing money for the banks. The U.S. Government uses something's they call "Tax accounts" as a reserve of money because the tranasactions go through the banks anyways, so this money is stored there. This is one activity of the Federal Governments when it come to banking.

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