Federal Reserve Banks mostly pay for their central banking operations through
A. government tax revenue.
B. interest on the securities they own.
C. fees charged to banks that use their services.
D. dividends paid by local banks.
Answer: B
You might also like to view...
The process of taxing corporate income both to the company that earns it and the owners who receive it is called ____________________
Fill in the blank(s) with correct word
An instrument is not considered canceled if it is destroyed or mutilated by accident or by an unauthorized third party
Indicate whether the statement is true or false
Advocates of the institutional theory of social responsibility argue that a firm must have the trust of all groups, both internal and external
Indicate whether the statement is true or false
Which of the following terms refers to the assurance of a host state government that foreign investors will be able to take out of the state both the investment capital they brought in and the profits they earned?
A. nondiscrimination guarantee B. repatriation guarantee C. stabilization clause D. appraisal right