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Check with the U.S. Treasury.

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Q: Which department serves as the chief financial agent for the United states government?
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What is the true role of the US government in our free enterprise economic system?

The US government primarily serves as a regulator of businesses and an arbitrator between business disputes.


What is s and p function concerning the stock market?

Standard & Poor's is a financial services company. Its services include credit ratings, equity research, Stock Market indices (S&P Indices), funds ratings, risk solutions, governance services, evaluations, and data services. The company serves institutional professionals, financial institutions, corporations, financial advisors, and individual investors worldwide.


When economist says that money serves as a medium of exchange they mean that it is?

They mean that it serves as a way of exchange commodities.


What services does the federal reserve provide for the federal government?

The Federal Reserve is the basis for the American Financial System. They provide Interest Rates as well ad backing for the USAThe Federal Reserve Bank of NY provides many services to the US Government which include selling US Treasury Bills and Notes to finance the financial obligations of the Government. The Fed also performs currency trading services to help stabilize the US dollar or other countries currencies. Part of this trading involves providing foreign currencies the Government needs to meet its world wide obligations. The multitude of other services the Fed performs do not necessarily help or hinder the US Government. As example setting the overnight interest rates that banks use for short term financing. This rate has a substantial influence on the prime rate of interest US banks charge their customers. The Fed is also known as the lender of last resort. Member banks that require funds they cannot raise by normal methods may be borrowed from the Fed. These needs must be deemed as extremely vital to the US economy.The Fed also sets margin rates that impact the percentage of money a buyer of stocks must pay to make stock purchases. For example, a person wishing to buy a stock selling for $100 per share may only need to pay $50 per share to a broker and the remaining money owed is charged an interest rate. That 50% set by the Federal Reserve Bank. This margin rate is subject to change by the Fed based on its view of the markets and other economic indicators.There many other functions the Fed performs, however the above mentioned ones are deemed to be the most vital.


Why money serves as a medium of exchange?

Money serves as a medium of exchange because it can be used to exchange many different types of goods or services by itself.

Related questions

This cabinet department serves as the chief financial agent for the US government?

treasury


What is primary fiction of the federal reserve bank?

The primary function of the Federal Reserve Bank is to regulate the nation's monetary policy, supervise and regulate financial institutions, and maintain the stability of the financial system. It also serves as a central bank for the United States, providing financial services to depository institutions, the U.S. government, and foreign official institutions.


What does DVA stand for what is its purpuses?

In terms of the United States, the DVA is an acronym for the Department of Veterans Affairs.This department serves many purposes, including providing health care for veterans.


A person that serves as a delegate or agent for another member of a government body usually legislative chosen by popular vote.?

the department of defense


What government official also serves as president of the US Senate?

The Vice President of The United States of America.


Did you know there is no branch called marines?

There is no branch called marines. They are called the United State Marine Corps and they are a ground assault force for the United States Navy. A Marine is the name of the man who serves in the USMC. A sailor is the name of the man who serves in the USN. A soldier serves in the United States Army and an airman serves in the United States Air Force. Someone who serves in the United States Coast Guard is called a Coast Guardsman.


Is Joe Biden in the US government?

Yes, he is Vice-President of the United States, and also serves as President of the Senate.


What is the major department that deals with foreign countries?

The executive department that serves under the President of the United States that carries out foreign policy is the Secretary of State. This individual has the responsibility to advise the president on foreign matters and works with foreign leaders or officials.


Which department has the objective of creating foreign policy to promote the long -range security and well-being of the US?

The Department of State, under the direction of the Secretary of State who serves as a member of the Cabinet of the President of the United States.


What government is the government that serves the will of people?

Representative Government


Is the capital building the pentagon building?

No. The Pentagon, which serves as the headquarters for the United States Department of Defense, is located in Arlington County, Virginia. The United States Capital Building, which serves as the meeting place for the Senate and House of Representative (and the Supreme Court until 1935), are located on Capital Hill in Washington, D.C..


Who currently serves as head of the department of Defense?

Robert Gates.