Question

Check my answers please!!!! WILL GIVE MEDAL

What is one service the Fed performs for the Treasury Department?

A.It selects the Secretary of the Treasury.
B.It auctions government bills.
C.It collects federal taxes.
D.It processes payments, such as Social Security checks.

How could the Federal Reserve encourage banks to lend out more of their reserves?

A.by increasing the prime rate
B.by reducing the money supply
C.by reducing the discount rate
D.by raising the required amount of reserves

My answers.
1 D.
2D.