Respuesta :
Answer:
Issue paper currency
Regulate the money supply
Explanation:
The Federal Reserve doesn't deal with checks. They don't Regulate banks or pass laws governing banks. Lastly, they have nothing to do in clearing or collecting electronic payments.
THEY simply print money, destroy money (cash and coins) and hold the gold or other precious metals on which our paper money is backed by
The responsibilities or the functions of the Federal Reserve are issuing paper currency, regulating the money supply, and supervising commercial banks.
What do you know about Federal Reserve?
The Federal Reserve System refers to the central banking system of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a sequence of monetary panics caused the preference for relevant management of the financial system with a view to alleviating economic crises.
Thus, these are the responsibilities of the Federal Reserve of the United States of America.
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