Question and answer
Each of the following is a function of the Federal Reserve System EXCEPT: A. regulate banks B. control money supply C. balance federal budget D. issue Federal Reserve notes
Federal Reserve System can regulate banks, control money supply and issue Federal Reserve notes but they cannot balance federal budget as it depends on results of the balance sheet. Total capital represents the profit the Fed has earned, [ which comes mostly from assets they purchase with the deposit and note liabilities they create. Excess capital is then turned over to the Treasury
Department and Congress to be included into the Federal Budget as "Miscellaneous Revenue". ]
Get an answer
Original conversation
User: Which of the following is a major source of federal revenue? a. demand deposits of the federal reserve c. sale of copper on the open market b. corporate income tax d. state banking fees

User: Which of the following is a major source of federal revenue? a. demand deposits of the federal reserve c. sale of copper on the open market b. corporate income tax d. state banking fees

User: Each of the following is a function of the Federal Reserve System EXCEPT: A. regulate banks B. control money supply C. balance federal budget D. issue Federal Reserve notes

User: Each of the following is a function of the Federal Reserve System EXCEPT: A. regulate banks B. control money supply C. balance federal budget D. issue Federal Reserve notes





Weegy: Federal Reserve System can regulate banks, control money supply and issue Federal Reserve notes but they cannot balance federal budget as it depends on results of the balance sheet. Total capital represents the profit the Fed has earned, [ which comes mostly from assets they purchase with the deposit and note liabilities they create. Excess capital is then turned over to the Treasury Department and Congress to be included into the Federal Budget as "Miscellaneous Revenue". ]
Expert answered|Collie_26|Points 51|

Question
Asked 12/16/2013 9:25:14 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
A product or service for which people do not have to pay to consume or use is known as a __________ good. A. free-rider B. externality C. private D. public
Question
Not Answered
Updated 251 days ago|7/18/2014 6:32:04 PM
1 Answer/Comment
A product or service for which people do not have to pay to consume or use is known as a public good.
Added 251 days ago|7/18/2014 6:32:04 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [7/18/2014 6:34:16 PM]
Which of the following BEST defines the term economic growth? A. an increase in available land resources B. a company that invests in additional physical capital C. an increase in an economy’s ability to produce goods and services D. an increase in the value of the goods produced within the economy
Question
Not Answered
Updated 12/16/2013 9:31:25 PM
1 Answer/Comment
Which of the following BEST defines the term economic growth?

Answer: D. an increase in the value of the goods produced within the economy
Added 12/16/2013 9:31:25 PM
A product or service for which people do not have to pay to consume or use is known as a __________ good. A. free-rider B. externality C. private D. public
Question
Not Answered
Updated 10 days ago|3/16/2015 5:20:03 PM
2 Answers/Comments
A product or service for which people do not have to pay to consume or use is known as a free-rider good.

Added 12/16/2013 9:35:52 PM
This answer has been flagged as incorrect.
Flagged by matahari [3/16/2015 5:20:10 PM]
A product or service for which people do not have to pay to consume or use is known as a public good.
Added 10 days ago|3/16/2015 5:20:03 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by Andrew. [3/16/2015 7:03:01 PM]
The measurement of the nation’s total economic output is its __________. A. consumer price index B. gross domestic product C. unemployment rate D. inflation rate
Question
Not Answered
Updated 12/16/2013 9:52:59 PM
1 Answer/Comment
The measurement of the nation’s total economic output is its gross domestic product.

Added 12/16/2013 9:52:59 PM
20,149,429 questions answered
Popular Conversations
An equilateral triangle is always __________. A. obtuse and ...
Weegy: The statement that is always true is: Equilateral triangles are isosceles. User: The condition of two sides ...
3/26/2015 7:44:37 AM| 3 Answers
what is assets User: what is liabilties
3/26/2015 7:25:54 AM| 2 Answers
55a – 44a = 11
3/26/2015 7:33:06 AM| 2 Answers
Find the product. (2p + 7)(3p - 9)
Weegy: (2p + 7)(3p - 9) = 6p^2 - 18p + 21p - 63 = 6p^2 + 3p - 63 User: Find the product. -2x(x 2 - 3) Weegy: ...
3/26/2015 7:48:19 AM| 2 Answers
Which of the following equations is the translation 2 units down of ...
Weegy: The following equation that is the translation 2 units down of the graph of y = |x| is y = |x| - 2. User: If ...
3/26/2015 8:56:10 AM| 2 Answers
The cap and dividend policy works by _______. a. ending industrial ...
Weegy: The answer is A. I should not have to go to school today. User: My boss should let me go home early today. ...
3/26/2015 12:06:46 PM| 2 Answers
Some types of cancer can be avoided. true or false
Weegy: What is false? Do you have a question for Weegy? User: Scientists are using gene therapy to ...
3/26/2015 1:49:40 PM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 1270 [Total 9156]| Ratings 0| Comments 1270| Invitations 0|Offline
S
1
L
Points 622 [Total 1533]| Ratings 6| Comments 562| Invitations 0|Offline
S
P
C
L
P
L
1
P
Points 475 [Total 7782]| Ratings 8| Comments 395| Invitations 0|Offline
S
1
L
L
Points 434 [Total 7935]| Ratings 0| Comments 434| Invitations 0|Offline
S
Points 401 [Total 906]| Ratings 10| Comments 291| Invitations 1|Online
S
L
Points 353 [Total 1475]| Ratings 2| Comments 333| Invitations 0|Offline
S
Points 199 [Total 567]| Ratings 3| Comments 169| Invitations 0|Offline
S
Points 42 [Total 158]| Ratings 4| Comments 2| Invitations 0|Offline
S
Points 35 [Total 126]| Ratings 0| Comments 35| Invitations 0|Offline
S
Points 32 [Total 106]| Ratings 0| Comments 32| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.