0
It is responsible for FDIC
Samantha Stephenson
Add your answer:
Earn +20 pts
Is not true of the federal reserve system?
All decisions must be approved by the president.
Which statement about the federal reserve system is true a its chairman is the secretary of the treasury b it is run by a board that is independent of political parties c its le?
it was created by the National Banking Act of 1863
Is it true that the Federal Reserve sets the poverty threshold?
I believe the US Department of Health and Human Services determines this (in the US). The Federal Reserve is a completely different institution.
What was the nations first true a central bank?
The nation's first true central bank was The Federal Reserve.
Is this a true statement Prior to requesting assistance through intrastate mutual aid and a State must first ask the Federal Government for resources?
Yes, this is a true statement.
What statement about the federal reserve system is true?
It is responsible for FDIC
True or false the national bank replaced the federal reserve system?
It is false that the National Bank replaced the Federal Reserve System.
are banks that are not members of the federal reserve system are subjectto federal regulations. true or false?
true
Which is not true of the Federal Reserve System?
All decisions must be approved by the president.
Is not true of the federal reserve system?
All decisions must be approved by the president.
Which of the following is not true of the Federal Reserve System?
all decisions must be approved
Which statement is true about the Federal Reserve discount rate?
It influences bank behavior in order to control the money supply.
Which statement about the federal reserve system is true a its chairman is the secretary of the treasury b it is run by a board that is independent of political parties c its le?
it was created by the National Banking Act of 1863
When the federal reserve decreases the money supply it generally does by selling bonds true or false?
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.
True or False Currently only member banks of the Federal Reserve System must meet reserve requirements?
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
Does The US Treasury keeps a checking account with the Federal Reserve?
Yes the US treasury keeps a checking account with the Federal Reserve
What was the nation's first true bank?
The nation's first true central bank was The Federal Reserve.
