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2
How do we know the Fed is the Central bank (5 functions)?
1. lender of last resort
2. clearinghouse
3. fiscal agent for the federal government
4. exercises macroeconomic policy
5. serves as a bankers' bank
2. clearinghouse
3. fiscal agent for the federal government
4. exercises macroeconomic policy
5. serves as a bankers' bank
Karteninfo:
Autor: savhighsmith
Oberthema: Economics
Thema: History of Economics
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 15.11.2010