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 222 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 222 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 12/16/2013 9:35:52 PM
1 Answer/Comment
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
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
19,677,085 questions answered
Popular Conversations
y = –x + 2 for x = {–3, –1, 1, 2, 3}
Weegy: Here are some characteristics of grace and forgiveness: patience, kindness, mercy, unconditional love, empathy, ...
2/25/2015 8:56:53 AM| 4 Answers
Which verb form correctly completes the sentence? The traveling ...
Weegy: The traveling circus CAME to town last weekend.
2/25/2015 12:09:44 PM| 4 Answers
Find the midpoint of the line segment whose endpoints are (7, 5) and ...
Weegy: The midpoint of the line segment whose endpoints are (7, 5) and (7, 11) is (7, 8) User: Find the midpoint ...
2/25/2015 1:05:29 PM| 4 Answers
Evaluate the following expression. 2^-3 User: Simplify (x^4y)^3
Weegy: (x^4y)^3 is equal to x^12y^3. User: Find the product. y^4 · y^3 User: What is the square root of 48 in ...
2/25/2015 10:25:02 AM| 3 Answers
The phase change that is the reverse of sublimation is A. ...
Weegy: Boyle's law states that the volume of a gas is inversely proportional to its pressure if the temperature and the ...
2/26/2015 2:21:23 AM| 3 Answers
The People's Republic of China was proclaimed by on October 1, 1949. ...
Weegy: 1949. The exact date is October 1, 1949.
2/25/2015 12:54:19 AM| 2 Answers
What is a centrally planned economy User: What is meant by the ...
Weegy: In economics, the invisible hand of the market is a metaphor conceived by Adam Smith to describe the ...
2/25/2015 7:07:23 AM| 2 Answers
Solve this inequality: 3p – 6 > 21. A. p > 9 B. p > –5 C. p > ...
Weegy: 38 38 - 10 x > 28 User: Solve this problem: –282 – (+1,017) = ? A. –1,299 B. –735 C. 1,299 D. 735 ...
2/25/2015 7:02:10 AM| 2 Answers
A diameter that is perpendicular to a chord bisects the ...
Weegy: True. User: Radii of congruent circles are equal. True False Weegy: Congruence circles in geometry are any ...
2/25/2015 7:53:30 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
Points 1024 [Total 7799]| Ratings 0| Comments 1024| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
P
P
Points 1016 [Total 16798]| Ratings 0| Comments 1016| Invitations 0|Offline
S
P
C
L
P
L
1
Points 593 [Total 7273]| Ratings 4| Comments 553| Invitations 0|Online
S
Points 572 [Total 911]| Ratings 5| Comments 522| Invitations 0|Offline
S
1
L
L
Points 395 [Total 7461]| Ratings 1| Comments 385| Invitations 0|Offline
S
Points 189 [Total 334]| Ratings 1| Comments 179| Invitations 0|Offline
S
Points 149 [Total 169]| Ratings 0| Comments 149| Invitations 0|Offline
S
Points 85 [Total 85]| Ratings 0| Comments 85| Invitations 0|Offline
S
Points 47 [Total 47]| Ratings 0| Comments 37| Invitations 1|Offline
S
Points 30 [Total 30]| Ratings 0| Comments 0| Invitations 3|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.