Chapter 7 Federal Reserve System Questions 1,2,3,4,10,11,12,14 1. Describe the functions performed by Federal Reserve banks. (LG 4-1) 2. Define the discount window and the discount rate (LG 4-2) 3. Describe the structure of the board of Governors of the federal Reserve System (LG 4-2) 4. What are the primary responsibilities […]