Question

The largest U.S. banks have assets and global reach that make them an economy onto themselves they also have the following attributes

Question 5 options:

	regulation by the Fed Reserve, highly leveraged and are conduits for fiscal policy
	conduits for monetary policy are highly leveraged and can cripple an economy
	Both of the above
	none of the above

Answer 1

Ans:- Both of the above

Explanation:-The Federal Reserves of US applies different variety of policy tools espicially fiscal and monetary policies like federal funds rate,the long term interest rate and key asset prices to achieve maximum employment and price stability in the market.The monetary policy making body of federal reserve system reviews economic and financial development every year and determines appropriate monetary policy to control inflation and to boost economic growth .These functions of federal reserve system helps the largest US banks to acquire more assets and to have global reach which make them of an economy on to themselves