Question

What is the role of the Federal Reserve Bank? Select all that apply.

to print money
to make smaller, private banks
to regulate interest rates
to set the minimum wage
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Answer 1

Answer: to make smaller, private banks

to regulate interest rates

Step-by-step explanation:

Answer 2

to make smaller, private banks

to regulate interest rates

Step-by-step explanation:

The Federal Reserve Bank is a regional bank that is part of the Federal Reserve System in the United States. There are twelve branches, and all of these are responsible for implementing monetary policy, such as regulating interest rates. The headquarters of the whole system are located at Eccles Building in Washington, D.C.