Which of the following is a duty of the Board of Governors of the Federal Reserve System? A. Regulating credit with the approval of the president under the Credit Control Act of 1969. B. Setting margin requirements, the fraction of the purchase price of the securities that has to be paid for with cash. C. Setting the maximum interest rates payable on certain types of time deposits under Regulation Q. D. All governors advise the president of the United States on economics policy.

Question

Rylan Pennington

Law

24 March, 21:05

Which of the following is a duty of the Board of Governors of the Federal Reserve System? A. Regulating credit with the approval of the president under the Credit Control Act of 1969. B. Setting margin requirements, the fraction of the purchase price of the securities that has to be paid for with cash. C. Setting the maximum interest rates payable on certain types of time deposits under Regulation Q. D. All governors advise the president of the United States on economics policy.

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Answers (1)

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Lexi Flynn · Answer 1

A, Regulating credit with the approval of the president under the credit control act of 1969.

Explanation:

The sysyem supports a healthy economy fot the US households and business.