6
lesson pretestMultiple Choice

Pretest

Question 6 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

The Federal Reserve transfers profits from its twelve regional banks to

Answer
A
central banks in Europe and Asia.
B
the Department of the Treasury.
C
the Department of Commerce.
D
investment and commercial banks.

Explanation

After covering its operating costs and required expenses, the Federal Reserve sends its remaining profits to the U.S. Department of the Treasury. The Treasury is the federal government’s main account, so these payments become government revenue. The correct choice is the Department of the Treasury.

AI-written and checked against the verified answer.

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