makaylad0522 makaylad0522

16-04-2020
Social Studies

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Describe the organization of the Federal Reserve System

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tyvareemckinney20 tyvareemckinney20

16-04-2020

The Federal Reserve System established in 12 regional banks. Banks would hold a certain percentage of the assets of their member banks in reserve and use those reserves to support loans to private banks at an interest rate.

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