What of the following purposes does the Federal Reserve Banking System NOT serve? Group of answer choices

processing checks and electronic payments for banks

a place for the U. S. government to store its revenues

supervision of commercial banks

a place for consumers to make deposits and get loans

You are at a holiday dinner with your family. your relative makes the argument that the u.s. economy is resurgent and has recovered from the great recession of 2007 – 2009. economic growth, as measured by gdp, has been increasing from one quarter to the next. you beg to differ. how would you structure your argument with your relative? hint: you should think about two things, the accuracy of gdp measures, and whether gdp should be considered a comprehensive measure of a countries well-being.

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?