The Federal Reserve
A)is responsible for conducting the nation's monetary policy,and it plays a role in regulating banks.
B)is responsible for conducing the nation's monetary policy,but it plays no role in regulating banks.
C)is not responsible for conducting the nation's monetary policy,and it plays a role in regulating banks.
D)is not responsible for conducing the nation's monetary policy,and it plays no role in regulating banks.

Question

Quizplus · Accepted Answer

The Federal Reserve is responsible for conducting the nation's monetary policy, which involves setting interest rates and controlling the money supply. It also plays a role in regulating banks, ensuring that they are operating safely and soundly, and promoting financial stability.