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Academy - Economics and Personal Finance
Unit Test
Question 12
12
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Unit Test
Question 12 • Academy - Economics and Personal Finance
What role does the Federal Reserve play? Check all that apply.Regulate the banking industryLoan money to banksGive individual loansGive corporate loansTransfers any profits to the Treasury
Answer
R
Regulate the banking industry
L
Loan money to banks
G
Give individual loans
G
Give corporate loans
T
Transfers any profits to the Treasury
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