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 315 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 315 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 74 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 74 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
Which of the following is one of the five causes of a business cycle? a. decrease in consumer demand c. recession b. external shocks d. none of the above
Question
Not Answered
Updated 54 days ago|4/5/2015 9:12:26 AM
1 Answer/Comment
External shocks is one of the five causes of a business cycle.
Added 54 days ago|4/5/2015 9:12:26 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by selymi [5/4/2015 1:31:22 AM]
21,132,916 questions answered
Popular Conversations
The amount of space that a gas takes up is ...
5/29/2015 7:55:05 AM| 2 Answers
Find the product. (n + 8)(n - 2) User: Divide x4 + 7 by x - 3. ...
Weegy: 2(3y - 7) - 5y(2 - y) = 6y - 14 - 10y + 5y^2 = 5y^2 - 4y - 14 User: Choose the product. -7p3(4p2 + 3p - 1) ...
5/29/2015 11:17:59 AM| 2 Answers
animist User: Which of the following is not usually an important ...
Weegy: The following is not usually an important factor in the site and growth of cities: prevailing wind direction. ...
5/29/2015 4:23:41 PM| 2 Answers
simplify the following expression (x^4)^3 User: simplify 8(4x + 6)
Weegy: 8(4x + 6) = 32x + 48 User: Select the different (4x^2-5x^3)-(2x^2-9x^3)
5/29/2015 8:06:48 PM| 2 Answers
Weegy Stuff
S
Points 820 [Total 828]| Ratings 2| Comments 800| Invitations 0|Offline
S
L
Points 749 [Total 1279]| Ratings 2| Comments 729| Invitations 0|Offline
S
1
L
Points 623 [Total 1015]| Ratings 3| Comments 593| Invitations 0|Offline
S
L
P
Points 481 [Total 2958]| Ratings 1| Comments 471| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
Points 251 [Total 8997]| Ratings 0| Comments 251| Invitations 0|Offline
S
Points 231 [Total 251]| Ratings 0| Comments 231| Invitations 0|Offline
S
1
L
L
Points 84 [Total 8267]| Ratings 0| Comments 84| Invitations 0|Offline
S
L
1
R
Points 80 [Total 1367]| Ratings 0| Comments 80| Invitations 0|Offline
S
L
Points 56 [Total 3810]| Ratings 2| Comments 36| Invitations 0|Offline
S
Points 14 [Total 14]| Ratings 0| Comments 14| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.