What is the purpose of the Federal Reserve Central Banking System?

A.

To control the money supply by way of inflation & deflation

B.

To control interest rates to control economic growth

C.

To print money and lend it to the Federal government & its member banks

D.

All of the above

E.

(a) & (b) only

Question

Derrick Rose

History

19 October, 11:32

What is the purpose of the Federal Reserve Central Banking System?

A.

To control the money supply by way of inflation & deflation

B.

To control interest rates to control economic growth

C.

To print money and lend it to the Federal government & its member banks

D.

All of the above

E.

(a) & (b) only

+3

Answers (1)

Know the Answer?

Antoine Andersen · Answer 1

i am pretty positive the answer is e

Explanation:

it was created to provide a more flexible and stable economy and both the answer choices a and b do that

What is the purpose of the Federal Reserve Central Banking System?A.To control the money supply by way of inflation & deflationB.To control interest rates to control economic growthC.To print money and lend it to the Federal government & its member banksD.All of the aboveE.(a) & (b) only