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8. What is the primary role of the Federal Reserve (the Fed)?

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Final answer:

The Federal Reserve's primary role is conducting monetary policy to influence economic activity


Explanation:

The biggest role of the Federal Reserve (Fed) is to conduct the nation's monetary policy. This involves managing interest rates, credit conditions, and influencing economic activity. As a central bank, the Fed utilizes tools like open market operations to implement monetary policy.


Learn more about Federal Reserve role in conducting monetary policy here:

https://brainly.com/question/30166902


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