QUIZ: Take This Bar Exam Quiz That Tests Your Legal Knowledge

What is the purpose of the Federal Reserve System?

Retry Correct Incorrect The Federal Reserve manages the supply of both money and credit, with the end goal of achieving financial stability and good employment numbers. Various policies, including interest rate adjustment and government investments, help ensure this.

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Jason Hawke/Unsplash

Jason Hawke/Unsplash

What is the purpose of the Federal Reserve System?

• Printing and minting physical currency
• Conducting monetary policy
• Collecting taxes
• Ensuring the gold standard