At Its Inception,the Federal Reserve Was Intended to Be

question 71

Multiple Choice

At its inception,the Federal Reserve was intended to be

• A)the Treasury's banker.
• B)the issuer of government debt.
• C)a lender-of-last-resort.
• D)a regulator of bank holding companies.

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Definitions:

Cognitive Responses

Mental processes and reactions, such as thoughts and interpretations, in response to stimuli or situations.

Lethargic

A state of sluggishness, fatigue, or lack of energy, often indicative of underlying health conditions.

Preoccupied

Engrossed in thought or concerns, often to the point of not being aware of one's surroundings.

Anxiety

A mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.