asked 110k views
3 votes
25 points

What is the Federal Reserve?
A. The amount of cash the bank is federally required to lend out each year.
B. The federal agency that sets interest rates.
C. The money that the federal government keeps in case of emergency.
D. The group of ranking officials who advise the federal government on policy

1 Answer

7 votes
B. The federal agency that sets interest rates.
I think?
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