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2 votes
Only financial institutions can borrow from the Fed.

True

False

User Rune G
by
7.0k points

2 Answers

5 votes

Answer:

true

Step-by-step explanation:

User Timothy Schoonover
by
7.2k points
3 votes

Answer:

They correct answer is True

Step-by-step explanation:

The Fed is a public and private entity and its function is to control monetary policies, influencing the credit conditions of the country's economy in the long term. also supervise and regulate banking institutions to protect the banking system and country financial and protect the credit rights of consumers.

I hope it's help you

User Andre Araujo
by
7.0k points