what is the relationship between the fed and other banks?\nthe fed sets the salaries for employees at every…

what is the relationship between the fed and other banks?\nthe fed sets the salaries for employees at every bank in the nation.\nthe fed decides who is eligible for loans and who is not at various banks.\nthe fed monitors all deposits and loans at local banks to be sure theyre making a profit.\nthe fed makes sure that banks follow rules, and it loans money to banks that are in a crisis.

what is the relationship between the fed and other banks?\nthe fed sets the salaries for employees at every bank in the nation.\nthe fed decides who is eligible for loans and who is not at various banks.\nthe fed monitors all deposits and loans at local banks to be sure theyre making a profit.\nthe fed makes sure that banks follow rules, and it loans money to banks that are in a crisis.

Answer

Brief Explanations:

The Federal Reserve (the Fed) is the central - banking system of the United States. Its key functions include regulating banks to ensure they follow rules and acting as a lender of last resort to banks in crisis. It doesn't set bank - employee salaries, decide loan eligibility for individuals, or monitor all individual deposits and loans at local banks in detail.

Answer:

The Fed makes sure that banks follow rules, and it loans money to banks that are in a crisis.