When the Federal Reserve Was Created,its Most Important Role Was

question 69

Multiple Choice

When the Federal Reserve was created,its most important role was intended to be

• A) a storage facility for the nation's gold.
• B) a lender of last resort.
• C) a regulator of bank holding companies.
• D) none of the above.

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Definitions:

Benjamin Franklin

A Founding Father of the United States, known for his contributions as an inventor, writer, scientist, and diplomat.

Printing Business

involves the production of books, newspapers, magazines, and other printed matter, utilizing various printing technologies and processes.

Enslaved Men

Individuals, particularly males, who were forced into servitude without freedom or rights, commonly in historical contexts referring to practices such as those in pre-Civil War America.