A)currency printing office
B)energy stocking program
C)goverment-owned bank
D)federal insurance program
2006-12-20 12:26:47 · 5 answers · asked by Anonymous in Politics & Government ➔ Government
C) government owned bank. They set the interest rates, i.e. that rates charged for borrowing money. They decide when there is too much or too little money flowing in the economy (e.g. inflation).
2006-12-20 12:29:25 · answer #1 · answered by Anonymous · 0⤊ 2⤋
Technically, A)'s the most valid answer, but your teacher will probably want to hear C).
The Federal Reserve is NOT government-owned, it is a private corporation. Google it, they are NOT part of any branch of the government, yet the Congress has unConstitutionally given up its powers to print/coin money to the Federal Reserve.
2006-12-20 12:36:23 · answer #2 · answered by eatmorec11h17no3 6 · 0⤊ 1⤋
Did you know that the gold that the Federal Reserve stores is so heavy it can only be stored on bedrock, that is why it is 90 feet underground in NYC
2006-12-20 12:40:26 · answer #3 · answered by Anonymous · 0⤊ 1⤋
It is the U.S. central bank. So probably 'C' government-owned bank.
2006-12-20 12:31:49 · answer #4 · answered by jeffrcal 7 · 0⤊ 2⤋
I would say D.
2006-12-20 12:42:22 · answer #5 · answered by Shorty 3 · 1⤊ 0⤋