If Wachovia® needed to borrow money, the bank manager would contact the Federal Open Market Committee Federal Reserve Regional Bank Board of Governors Member Bank

Respuesta :

The bank manager would contact the Federal Reserve Regional Bank.

Fact: The objective of their activities is to ensure the financial strength and stability of the nations banking system.

Answer:

The bank manager would contact the Federal Reserve Regional Bank.

Explanation:

When institutions like Wachovia whose work on financial an banking services need a loan, they need to contact the Federal Reserve Regional Bank, which is a regional bank of the Federal Reserve System, the central banking system of the United States. This is the way they can borrow money from a bigger economic source.

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