One of the tasks of the U.S. Federal Reserve is to
A) Print money for foreign debtors on their demand.
B) Peg the dollar to the Chinese yuan.
C) Submit reports to Congress about U.S. economic growth.
D) Monitor and sanction inside trading on European financial markets.

Question

Quizplus · Accepted Answer

The U.S. Federal Reserve is responsible for conducting monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates. As part of this mandate, the Federal Reserve submits regular reports to Congress about U.S. economic growth and provides testimony to Congressional committees. The other choices are not responsibilities of the Federal Reserve.

One of the Tasks of the U