The Federal Reserve System Was Established by Congress in 1914

question 52

Multiple Choice

The Federal Reserve System was established by Congress in 1914

• A)as a result of a breakthrough in economic theory.
• B)against significant opposition from the banking sector.
• C)because of the need for a central bank.
• D)as the world's first central bank.

Appreciate the importance of focusing on patients' strengths and resources, especially in vulnerable populations.

Recognize cultural practices and beliefs, and distinguish them from values.

Understand the role of acculturation in adapting to new cultural environments.

Understand the demographic and sociocultural variables associated with suicide rates.

---

Definitions:

Social Security Tax Rate

The rate at which income is taxed to fund the Social Security program, typically shared between employees and employers.

Medicare Tax Rate

The percentage of an individual's wages that is withheld or paid toward Medicare, a U.S. government health insurance program.

Net Pay

The amount of an employee's income after all deductions like taxes, insurance, and retirement contributions have been subtracted.

Social Security

A government program that provides financial assistance to people with inadequate or no income, such as the elderly, disabled, and survivors.