An important function of the U.S.Federal Reserve is to
A)set the debt ceiling.
B)fund Congressional spending.
C)control the supply of money.
D)mint coins.

Question

Quizplus · Accepted Answer

The Federal Reserve is responsible for controlling and regulating the money supply within the United States. They do this through a variety of tools, such as setting interest rates, buying or selling securities, and adjusting reserve requirements for banks. This is a critical function as it helps to maintain stable prices and promote economic growth. The other options are not functions of the Federal Reserve. The debt ceiling is set by Congress, not the Fed. The Fed does not fund Congressional spending or mint coins; those are also functions of the government.

An Important Function of the U