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Which of the following is NOT a function of the Fed? Setting the level of interest on Treasury securities Regulating the payment mechanism in the

Which of the following is NOT a function of the Fed?

Setting the level of interest on Treasury securities

Regulating the payment mechanism in the banking system

Issuing Treasury securities on behalf of the U

.

.

government

Controlling the supply and cost of money

All of the above are functions of the Fed

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