Question

Reading Test Bank 7

Name
Florida Test Prep Workbook
6. Which is the best summary of the section titled "Federal Reserve System" in Passage 2?
You can think of the Federal Reserve System as a watchdog because it watches our buy
money supply, interest rates, and pricing.
B Another name for the Federal Reserve System is the Fed. It is a difficult system to
understand, but Congress knows all about it.
The Federal Reserve System is not easy to understand. It has lots of parts. It is not
owned by the government. Its main job is to protect the money system in our country.
The Federal Reserve is the central bank of the United States. Congress receives reports
from the Fed, but the government does not own it. Its main job is to keep the U.S.
money system secure.

Answer 1

Answer: Your welcome!

Step-by-step explanation:

The best summary of the section titled "Federal Reserve System" in Passage 2 is: The Federal Reserve is the central bank of the United States. Congress receives reports from the Fed, but the government does not own it. Its main job is to keep the U.S. money system secure. This accurately summarizes the main points of the section which includes the Federal Reserve System being the central bank of the United States, the government not owning it, and the main job of the Fed being to keep the money system secure.