The Federal Reserve System Established

question 12

Multiple Choice

The Federal Reserve System established

• A) a system for federal chartering of banks.
• B) a system for controlling bank note issuance.
• C) a source of liquidity for the banking system.
• D) the beginning of demand deposit accounts.
• E) None of the above.

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Definitions:

VFD

A device known as Variable Frequency Drive controls electric motors by altering the voltage and frequency that are delivered to the motor.

Affinity Laws

Mathematical relationships that describe the impact of changes in speed, diameter, and density on the flow, pressure, and power of a fluid in a system.

Operating Quadrants

The four sections of a graph, typically in motor control applications, representing different modes of operation such as forward/reverse and motoring/generating.

Torque

A measure of the force that can cause an object to rotate about an axis, fundamental to the operation of electric motors and mechanical systems.