The incorrect statement about the Fed is that it is controlled by the U.S. government. The Fed operates independently within the government, although its Board of Governors is appointed by the president and confirmed by the Senate. Option A is correct .
The Federal Reserve System, often known as the Fed, functions as the central bank of the United States. One of the incorrect statements from the given options is that 'The Fed is controlled by the U.S. government.' While the Fed is governed by a Board of Governors whose members are appointed by the president and confirmed by the Senate, the Fed operates independently within the government.
The other statements are true. The Federal Reserve banks control the money supply, regional Federal Reserve banks act as central banks for their areas, and the Fed can indeed loan money to private banks as a lender of last resort.
The universal generalizations about the Federal Reserve include that it is privately owned but publicly controlled, and it was established as the nation's central bank to manage the money supply and regulate the banking industry.
Complete question as follows:
Which of the statements below about the Fed is NOT true?
A. The Fed is controlled by the U.S. government.
B. Federal Reserve banks control the money supply.
C. Regional Federal Reserve banks act as central banks for their areas.
D. The Fed can loan money to private banks as lender of last resort.
Which of the following best describes both Thoreau’s and King’s attitudes toward government and civil disobedience?
A. a belief that government corrupts the individual
B. a belief that an individual should disobey unjust laws
C. a promotion of self-reliance and isolation from society
D. a generally high respect for the law
The one that best describes both Thoreau’s and King’s attitudes toward government and civil disobedience is: B. a belief that an individual should disobey unjust laws
In the past , the civil disobedience that conducted by Thoreau is caused by his unwillingness to participate in tax payment that was allocated to fund united states' war. The civil disobedience that conducted by King is caused by racial injustice that occured in united states.
B. a belief that an individual should disobey unjust laws
Which of the following best describes the religion of the empire of Ghana?
- Christian
-Animist
-Islamic
-Monotheistic
The correct answer is Animist. In Ghana's empire, the majority of the population practiced the traditional religion, in which the main deity was the Wagadu-Bida, the protective serpent god that protected to the Cissé. Islam was tolerated in the country, allowing the construction of mosques and segregated Muslim neighborhoods.
How did the desert impact ancient Egyptian civilization