How did the Federal Reserve System, established in 1913, begin to manage the money supply?
a....
History, 12.03.2020 23:52 luhhbitilia566
How did the Federal Reserve System, established in 1913, begin to manage the money supply?
a. It took the U. S. economy off the gold standard.
b. Regional Federal Reserve Banks stored some of their member bank's cash reserves.
c. It required member banks to maintain a minimum of fifty percent of assets as cash reserves.
d. It made loans directly to consumers, making getting credit and home loans easier.
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