ECONOMICS
MONETARY POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT something the Governors do?
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serve on the Federal Open Market Committee
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make personal loans to banks
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oversee the 12 reserve banks
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to forecast the country’s future economic direction
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study economic trends
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Explanation:
Detailed explanation-1: -The correct option is (d) Payday lender.
Detailed explanation-2: -Facilitating import of goods is not a primary function of a bank.
Detailed explanation-3: -Detailed Solution. The correct answer is lending money.
Detailed explanation-4: -Liquidity: Safety: Diversity: Stability: Profitability:
There is 1 question to complete.