The primary function of the Federal Reserve System is to:
A. issue currency to member banks
B. regulate the growth of the money supply
C. serve as a fiscal agent for the U.S. government
D. regulate and conduct bank examinations
Answer:B
The primary function of the Federal Reserve System is to:
A. issue currency to member banks B. regulate the growth of the money supply C. serve as a fiscal agent for the U.S. government D. regulate and conduct bank examinations