It is false that the National Bank replaced the Federal Reserve System.
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False ! - :)
False
No, that would be the Internal Revenue Service (IRS).
It is true that when the Federal Reserve decreases the money supply it generally does by selling bonds. When the Federal Reserve sells bonds it pushes prices down and increases rates.
False, before 1980 it was the case but today the new legislation requires all commercial banks to be members of the federal reserve system. All depository institutions became subject to the same requirements to keep deposits at the Federal Reserve. Members or not members are now on equal footing in ters of reserve requirement. I hope that helps Sara
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the answer is false
False. A hard pull on a bank's deposits typically indicates a withdrawal or decrease in customer deposits, which could affect its liquidity. However, banks do not directly loan money to the Federal Reserve; instead, they can borrow from the Fed through mechanisms like the discount window. The relationship between deposits and loans to the Fed is more complex and involves various monetary policy tools.