Question

Considering your previous knowledge of the Federal Reserve; please explain how the Federal Reserve functions within the economy of the United States. Please discuss two specific examples of the role of the Fed in managing the economy of our Nation.

Answer 1

Containing United States gold reserve and neglecting all foreign financial affairs.

Step-by-step explanation:

The Federal Reserve is responsible for all United States financial affairs and supervision of the banking departments within the nation. The Federal Reserve also is associated with the United States Department of Treasury

USDT. The Federal reserve is also responsible for the supervision of the most efficient payment systems.