economics - LAST TEST
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8 Terms
1
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Act as a bank for the US government
FED
2
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Collect income taxes from Americans
NOT FED
3
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Supervise banks
FED
4
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Provides funding for schools, roads, and other public services
NOT FED
5
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Creates the federal budget
NOT FED
6
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Increases or decrease that nations money supply
FED
7
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Passes all laws that raise or lower taxes
NOT FED
8
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Issues (creates) currency (dollars)
FED
Note 
Flashcards (64)