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
Posted By Admin @ September 03, 2022
Please help
Which of these is a banking activity of the Fed?
printing money
regulating securities markets
storing money for banks
funding government programs
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.