How did the federal reserve system improve the banking industry in the twentieth century?
a....
History, 14.10.2019 11:10 spezzatti221
How did the federal reserve system improve the banking industry in the twentieth century?
a. it created a reserve of money that all banks would use for loans.
b. it created a branch of government to monitor the banking system.
c. it served as a decision-making body to regulate the federal banks.
d. it served as a central bank with the power to lend to other banks in time of need.
Answers: 2
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