ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Federal Reserve Bank
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Fractional Reserve Banking
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Monetary Policy
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Fiscal Policy
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Detailed explanation-1: -Federal Reserve Banks are often called the “bankers’ banks” because they provide services to commercial banks similar to the services that commercial banks provide for their customers. Federal Reserve Banks distribute currency and coin to banks, lend money to banks, and process electronic payments.
Detailed explanation-2: -Eccles Building, Washington, D.C., U.S.
Detailed explanation-3: -The Federal Reserve System, often referred to as the Federal Reserve or simply “the Fed, ” is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.
Detailed explanation-4: -01-Boston. 02-New York. 03-Philadelphia. 04-Cleveland. 05-Richmond. 06-Atlanta. 07-Chicago. 08-St. Louis. More items •24-Aug-2022