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20 November, 08:58

Which sentence best describes the role of the Federal Reserve System?

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  1. 20 November, 12:26
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    Federal Reserve System’s job is to control the supply of money in the United States. They are responsible of distributing the money globally. This system is also known as the central banking of the United States. This group were created to solve certain issue in the economics of the United States. This is to give solution to the problem of US banking panics. This is also to maintain the stability of the financial economics of their country and to protect the financial rights of the consumers.
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