Which of the Following Is Not True with Respect to the Federal

question 49

Multiple Choice

Which of the following is not true with respect to the Federal Reserve Act of 1913?

• A) It established reserve requirements for member commercial banks.
• B) It specified 14 districts across the United States as well as a city in each district where a Federal Reserve district bank was to be established.
• C) Congress was motivated to pass the act and establish a central bank because the United States had experienced several banking panics in the preceding years.
• D) All of the above are true.

---

Definitions:

Genetic Influences

The effects that the genetic makeup of an individual has on their traits, behaviors, and likelihood of developing certain diseases.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a handbook used by healthcare professionals as a guide to diagnose mental disorders.

Field Trials

Tests conducted in actual conditions or environments where the product or intervention is intended to be used, to evaluate its effectiveness and practicality.

Psychological Disorders

Mental health issues characterized by significant disturbances in a person's thoughts, emotions, or behaviors.