Question
1 – One of the reasons that the U.S. Government started the Federal Reserve system was to:
A – keep the banking power of the U.S. spread out among various districts.
B – make sure that the U.S. banks were obeying laws regarding banking.
C – have a place for banks to deposit excess deposits.
D – provide consumers with access to funds for business expansion.
Is it D?
A – keep the banking power of the U.S. spread out among various districts.
B – make sure that the U.S. banks were obeying laws regarding banking.
C – have a place for banks to deposit excess deposits.
D – provide consumers with access to funds for business expansion.
Is it D?
Answers
economyst
I don't think so. I think B (but I am not super confident).
See: http://en.wikipedia.org/wiki/Federal_Reserve
See: http://en.wikipedia.org/wiki/Federal_Reserve