Question

How does the government help ensure fair prices for all citizens of a particular area served by one utility company? (5 points)

By imposing taxes on the wealthy citizens
By setting the price for utilities across the country
By negotiating affordable rates with the supplier
By passing legislation to prevent a monopoly

10. Which of the following is a function of the Federal Reserve System Board of Governors? (5 points)

Holds stock in the Federal Reserve Bank
Communicates with government leaders
Supervises regional bank operations
Provides service to banks and the U.S. Treasury

Answer 1

Answer 1) Option C) By negotiating affordable rates with the supplier.

Explanation : The government always helps to ensure that the fair prices are observed for all citizens of a particular area served by one utility company usually by negotiating affordable rates with the supplier.

Answer 2) Option A) Holds stock in the Federal Reserve Bank

Explanation : Holding stocks in the Federal Reserve Bank is also one of the function of the Federal Reserve System Board of Governors. Holding the stocks earns dividends for the holder.

Answer 2

Below is are the answers:

For question 1 the answer is the 3rd one. The government help ensure fair prices for all citizens of a particular area served by on utility company by negotiating affordable rates with the supplier.

For question 2 the answer is the first option. Holds stock in the Federal Reserve Bank is a function of the Federal Reserve System Board of Governors.