asked 108k views
2 votes
Only financial institutions can borrow from the Fed.

True

False

asked
User Rune G
by
7.7k points

2 Answers

5 votes

Answer:

true

Step-by-step explanation:

3 votes

Answer:

They correct answer is True

Step-by-step explanation:

The Fed is a public and private entity and its function is to control monetary policies, influencing the credit conditions of the country's economy in the long term. also supervise and regulate banking institutions to protect the banking system and country financial and protect the credit rights of consumers.

I hope it's help you

answered
User Andre Araujo
by
7.6k points

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