Purchase Solution

Federal Reserve: Explicit Functions

Not what you're looking for?

Ask Custom Question

Please address the following question: What are the six explicit functions of the Federal Reserve?

Purchase this Solution
Solution Summary

This response provides a brief, 190 word response discussing all of the Federal Reserve's explicit functions. Two websites are also provided as good sources for further information.

Solution Preview

The Federal Reserve and state and federal agencies supervise and regulate the nation's financial institutions to ensure their financial soundness and compliance with banking, consumer, and other applicable laws.

The Federal Reserve acts as the banker for the U.S. government. In this role, the Federal Reserve maintains the Treasury Department's checking ...

Solution provided by:
Sandeep Bardia, MBA
Education
  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
Recent Feedback
  • "Thank you. "
  • "Thank you"
  • "Thank you. I got 20/20 last week for my discussion you help me out with."
  • "Thank you. Great Job. "
  • "Thank you. Great Job. "
Purchase this Solution
Free BrainMass Quizzes
Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

View More Free Quizzes
Related BrainMass Solutions

  • Measures recently employed by the Federal Reserve

    The Federal Reserve System has several functions: 1) First, it serves as a bank for banks: many transactions between banks are processed through the Federal Reserve System.

  • functions of the Federal Reserve Banks

    279090 Federal Reserve Bank synopsis Discuss three main functions of the Federal Reserve Bank. Hi, Get the answer with attachment. Regards The three main functions of the Federal Reserve Banks are identified.

  • Analyzing the Federal Reserve and Monetary Policy

    The functions of the Federal Reserve banks that make up the Federal Reserve System are: 1) To formulate and implement monetary policy.

  • Explain the functions of the U.S. Federal Reserve System

    146381 Explain the functions of the U.S. Federal Reserve System Please explain the functions of the U.S. Federal Reserve System ('The Fed'), and describe how 'The Fed' controls, influences and manipulates the Monetary Policy of the U.S.

  • Nationally chartered bank that is subject to the supervision

    Structure and Functions of the Federal Reserve System. Retrieved from www.fas.org/sgp/crs/misc/RS20826.pdf 2. The Federal Reserve Board Purposes & Functions. (n.d). The Federal Reserve in the international sphere.

  • The Federal Reserve

    Simpson, et al, "The Federal Reserve System Purposes and Functions 9th Edition", 2005 This solution traces the origin and history of the Federal Reserve.

  • Monetary policy multiple choice

    The explicit functions given to the Fed by the Congress include all of the following except: A) regulating financial institutions. B) serving as a lender of last resort to financial institutions.

  • benefits of joining the Fed

    Source: The Federal Reserve System: Purposes and Functions http://www.federalreserve.gov/pf/pdf/frspf1.pdf This posting shows the benefits of joining the Fed.

  • What are the six explicit functions of the Fed?

    What are the six explicit functions of the Fed?

View More Related Solutions