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all decisions must be approved

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Bibika garcia

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4y ago

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Related Questions

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


What statement about the federal reserve system is true?

It is responsible for FDIC


What statement about the federal reserve system is not true?

It is responsible for FDIC


Is not true of the federal reserve system?

All decisions must be approved by the president.


Which is not true of the Federal Reserve System?

All decisions must be approved by the president.


What statement about federal reserve not true?

A statement that is not true about the Federal Reserve is that it is a private bank that operates independently of the U.S. government. In reality, while the Federal Reserve has some independence in its operations, it is a central banking system created by Congress and is subject to oversight and regulation by the government. Additionally, its decisions are influenced by economic conditions and policies set by the government.


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.


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.