Question

What is by far the largest of the Fed's assets?

A) U.S. government bonds
B) Gold reserves
C) Loans to member banks
D) Currency in circulation

Answer 1

The largest asset of the Federal Reserve is Currency in circulation.

Step-by-step explanation:

The largest asset of the Federal Reserve is Currency in circulation. Currency in circulation refers to the physical money, such as bills and coins, that is in active use by the public. It is an important component of the Fed's balance sheet and plays a significant role in the economy.