HISTORY
THE WORLD BETWEEN THE WARS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the purpose of the Federal reserve?
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The purpose of the federal reserve is to create a central banking system that give the U.S stability.
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The purpose of the federal reserve is to create a stock market that give the U.S stability for big business.
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The Federal reserve insured share holders from big company could invest their money into stocks that were regulated by the FDIC.
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None of the above
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Explanation:
Detailed explanation-1: -Conducting the nation’s monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices.
Detailed explanation-2: -Key Takeaways. The Federal Reserve has a dual mandate from Congress to maintain full employment and price stability in the U.S. economy. To help accomplish this during recessions, the Fed employs various monetary policy tools to suppress unemployment rates and reinflate prices.
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