Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: 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
A: 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.
26,446,339 questions answered
Popular Conversations
The Peace Corps was started by President A. Truman. B. ...
Weegy: The first reusable winged space shuttle was the Columbia. User: The ruler who first tried to westernize Russia ...
10/16/2017 10:02:41 AM| 3 Answers
The leader of the PLO (Palestine Liberation Organization) is A. ...
Weegy: IRELAND withdrew from the British Commonwealth to form an independent republic. User: The American ...
10/13/2017 7:26:44 AM| 2 Answers
Weegy Stuff
S
P
P
L
P
P
P
Points 140 [Total 2032] Ratings 11 Comments 30 Invitations 0 Offline
S
P
L
Points 104 [Total 126] Ratings 0 Comments 104 Invitations 0 Offline
S
Points 92 [Total 92] Ratings 4 Comments 52 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 0 Comments 1 Invitations 1 Offline
S
Points 9 [Total 9] Ratings 0 Comments 9 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.