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 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 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 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 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
What is the possible consequence of the following scenario? Because of high unemployment rates in the country of Lavernia, employers offer higher wages. To meet their higher payroll costs and maintain profits, they charge consumers more for goods and services. a. a prolonged period of deflation b. demand-pull inflation c. a wage-price spiral of ever-increasing prices d. increasing numbers of people living on a fixed income
Weegy: Because of high unemployment rates in the country of Lavernia, employers offer higher wages. To meet their higher payroll costs and maintain profits, they charge consumers more for goods and service. The possible outcome is c. [ a wage-price spiral of ever-increasing prices. ] User: A balanced budget refers to: a. a budget in which revenues are equal to spending. c. consumption expenditures plus investment expenditures plus government expenditures. b. a budget in which marginal revenue is equal to marginal cost. d. a budget that increases the national debt. (More)
Question
Not Answered
Updated 138 days ago|1/6/2016 11:36:45 PM
1 Answer/Comment
A balanced budget refers to a budget in which revenues are equal to spending.
Added 138 days ago|1/6/2016 11:36:45 PM
25,309,858 questions answered
Popular Conversations
Which of the following technologies was NOT created during World War ...
Weegy: B. antibiotics User: How did neighboring Arab nations respond to the Israeli declaration of ...
5/23/2016 7:05:36 AM| 3 Answers
What opened relations between China and the United States? A. the ...
Weegy: The Sino-Soviet split opened relations between China and the United States. User: Which of the following ...
5/23/2016 7:26:58 AM| 2 Answers
28) A(n) __________ sells general merchandise directly from the ...
Weegy: A(n) __________ sells general merchandise directly from the manufacturer at a discount; items may be ...
5/23/2016 12:46:13 PM| 2 Answers
The _____ is a measure of the average change in prices of a market ...
Weegy: The consumer price index is a measure of the average change in prices of a market basket of goods and services. ...
5/23/2016 2:22:28 PM| 2 Answers
Weegy Stuff
S
Points 577 [Total 577] Ratings 9 Comments 467 Invitations 2 Offline
S
Points 555 [Total 555] Ratings 10 Comments 455 Invitations 0 Offline
S
Points 490 [Total 490] Ratings 0 Comments 490 Invitations 0 Offline
S
1
L
L
P
R
P
L
P
P
R
Points 271 [Total 12523] Ratings 2 Comments 251 Invitations 0 Offline
S
L
P
P
P
Points 166 [Total 3543] Ratings 0 Comments 166 Invitations 0 Offline
S
Points 38 [Total 107] Ratings 0 Comments 38 Invitations 0 Offline
S
Points 12 [Total 12] Ratings 1 Comments 2 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
L
Points 2 [Total 1756] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 49] Ratings 0 Comments 2 Invitations 0 Online
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.