Which of the following does the Federal Reserve not do?
A)Conduct monetary policy
B)Act as a lender of last resort
C)Conduct fiscal policy
D)Serve as a bank regulator

Question

Quizplus · Accepted Answer

The Federal Reserve does not conduct fiscal policy; that is the responsibility of the government, specifically Congress and the Executive branch, which deal with taxation and government spending. The Federal Reserve's roles include conducting monetary policy, acting as a lender of last resort, and serving as a bank regulator.

Which of the Following Does the Federal Reserve Not Do