A Nation Divided
The U.S. is divided into how many federal reserve districts?
12
Which function of the of the Federal Reserve System involves transferring a check to the depository institution on which it was written?
check clearing
Name 2 actions the Fed can take to decrease the money supply
increase interest rates
What is the greatest danger if the Fed overuses a loose money policy?
Inflation
Which financial institutions are required to follow the Fed's rules and regulations?
all deposit accepting financial institutions