Question

The Federal Reserve differed from the central banks of the 19th century in that the Federal Reserve(1 point)
Responses

printed the first national currency.
printed the first national currency.

held authority over all banks in the country.
held authority over all banks in the country.

financed wartime expenditures and debt.
financed wartime expenditures and debt.

implemented the practice of fractional reserve banking.
implemented the practice of fractional reserve banking.
Skip to navigation
page 3 of 3

Answer 1

did not have the power to print its own money.