which group does the fed serve?\nfinancial institutions\nconsumers\ngovernment bodies\nbankers
which group does the fed serve?\nfinancial institutions\nconsumers\ngovernment bodies\nbankers
Answer
Brief Explanations:
The Federal Reserve (the Fed) serves multiple functions including providing financial services to depository - type financial institutions such as banks and credit unions. It acts as a banker's bank, facilitating transactions and providing liquidity to these institutions.
Answer:
A. financial institutions