Why was the federal reserve created
Asked by maham237 @ in History viewed by 293 People
Answered by maham237 @
Answer:
The Federal Reserve System, often referred to as the Federal Reserve or simply "the Fed," is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.
Similar Questions
When was the federal reserve created and for what purpose
Asked by admin @ in History viewed by 262 persons
Why was the Federal Reserve created?
O
A. To allow states to control the types of currency they use
OB. To help stabilize the U.S. banking system
O C. To …
Who signed the federal reserve act of 1913 into being
Asked by admin @ in Social Studies viewed by 272 persons
Who signed the Federal Reserve Act of 1913 into being?
President Theodore Roosevelt
President Woodrow Wilson
President Calvin Coolidge
President Franklin D. Roosevelt
Put the following steps involved in creating the federal budget
Asked by maham237 @ in History viewed by 285 persons
in their correct
order, from start to finish.
First step
The Office of Management and Budget (OMB) prepares a budget
proposal.
Congress decides on the overall level of spending and …
What is the main goal in creating the federal budget
Asked by maham237 @ in History viewed by 461 persons
a.managing businesses and increasing spending on all programsb.deciding how to manage the government’s tax revenue and expendituresc.finding a way to allow the economy to run on its ownd.finding a way …
What does this excerpt describe the federal reserve system
Asked by maham237 @ in Social Studies viewed by 419 persons
"It consists of a Board of Governors appointed by the President (one of whom is appointed to act as the chairperson), 12 regional banks, and many other member banks. The …
Which statement about the federal reserve system is true
Asked by maham237 @ in Business viewed by 297 persons
Which statement about the Federal Reserve System is true? A. Its chairman is the Secretary of the Treasury. B. Its leaders are chosen by the political party that holds the …
What is the main goal in creating the federal budget?
Asked by maham237 @ in History viewed by 377 persons
a.managing businesses and increasing spending on all programsb.deciding how to manage the government’s tax revenue and expendituresc.finding a way to allow the economy to run on its ownd.finding a way …
What is the primary responsibility of the federal reserve bank
Asked by admin @ in Business viewed by 297 persons
Which of the following is a primary responsibility of the Federal Reserve Bank? APrint money BCollect taxes CWrite monetary laws DEstablish monetary policy
How many district banks are in the federal reserve system
Asked by admin @ in Business viewed by 332 persons
In how many cities are Federal Reserve district banks located? 4 12 50 8
Create an excel formula that calculates the federal withholding tax
Asked by admin @ in Computers and Technology viewed by 277 persons
Use a VLOOKUP function in cell I5 to identify and calculate the federal withholding tax. Use the tax rates from the range D21:E25. The VLOOKUP function returns the applicable tax …
Which statement is true about the federal reserve discount rate
Asked by maham237 @ in History viewed by 339 persons
bout the Federal Reserve discount rate? A. It influences bank behavior in order to control the money supply.
B. A low discount rate means a bank will keep more of …
The federal reserve sets the poverty threshold true or false
Asked by maham237 @ in History viewed by 280 persons
Who owns the federal reserve system
Asked by maham237 @ in History viewed by 278 persons
the federal government
member banks
all commercial banks in the country
all banks in the country
12. Why are the Board of Governors of the Federal Reserve appointed for staggered …
What are the major functions of the federal reserve system
Asked by admin @ in History viewed by 286 persons
Choose all of the major functions of the Federal Reserve System. A) offers tax rebates B) regulates financial institutions C) supervises the federali deposit insurance D) controls the money supply …
Suppose the federal reserve wants to stop inflation from growing
Asked by admin @ in Economy viewed by 346 persons
Suppose the Federal Reserve wants to stop inflation from growing. In three to four sentences, explain how its actions slow economic growth.
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