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 346 days ago|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 132 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 132 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 346 days ago|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 346 days ago|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 346 days ago|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 346 days ago|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 346 days ago|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 346 days ago|12/16/2013 9:52:59 PM
18,457,792 questions answered
Popular Conversations
In the poem "God's Grandeur," the phrase "nor can foot feel, being ...
Weegy: In the poem "God's Grandeur," the phrase "nor can foot feel, being shod" means: humans are out of touch with ...
11/27/2014 12:04:03 AM| 1 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2931 [Total 14641]| Ratings 11| Comments 2821| Invitations 0|Offline
S
L
Points 1472 [Total 3758]| Ratings 0| Comments 1472| Invitations 0|Offline
S
Points 847 [Total 879]| Ratings 1| Comments 837| Invitations 0|Offline
S
L
Points 777 [Total 1298]| Ratings 6| Comments 717| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 774 [Total 14148]| Ratings 0| Comments 774| Invitations 0|Offline
S
1
L
L
Points 273 [Total 6667]| Ratings 0| Comments 273| Invitations 0|Offline
S
L
Points 162 [Total 1458]| Ratings 3| Comments 132| Invitations 0|Offline
S
Points 107 [Total 107]| Ratings 1| Comments 97| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 46 [Total 46]| Ratings 3| Comments 6| Invitations 1|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.