The Federal Reserve System Began Operating in 1914,finally

question 59

Multiple Choice

The Federal Reserve System began operating in 1914,finally

• A) giving the U.S. its first 100 percent gold-backed paper money.
• B) creating a privately-owned system for clearing checks on a national scale.
• C) giving the U.S. its first government-owned central bank.
• D) giving the U.S. its first unified currency issue, the Federal Reserve Note.

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Definitions:

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Aldo Leopold

An American author, philosopher, scientist, ecologist, forester, conservationist, and environmentalist, known for his book "A Sand County Almanac."

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