please do both questions and explanation for the like and thumps up.

22) Which of the following functions are not performed by any of the twelve regional Federal Reserve banks? Select one: a. Check clearing b. Conducting economic research c. Setting interest rates payable on time deposits d. Issuing new currency 23) The traditional American distrust of moneyed interests and the fear of centralized power help to explain Select one: a. the fallures of the first two experiments in central banking in the United States. b. the decentralized structure of the Federal Reserve System c. why the Board of Governors of the Federal Reserve System is not located in New York d. all of the above