The correct answer is that Reserve banks are <u>regional banks</u> that help the <u>central bank</u> to carry out its duties.
<u>Summary: </u>Due to the United States economy represents a very large geographical area, <em><u>the Federal Reserve</u></em> operates in <em><u>twelve regions or districts throughout the nation.</u></em> Those districts are located in Atlanta, Boston, Chicago, Cleveland, Dallas, Kansas City, Minneapolis, New York, Philadelphia, Richmond, San Francisco, and St. Louis. Every district has three main responsibilities:
1. Supervise the implementation of the<em><u> Federal Reserve's</u></em> monetary policy.
2. Provide financial services and lend money to regional banks within its district.
3. Collect and analyze data to be used by the<em><u> Federal Reserve Board (FRB) or the Federal Open Market Committee (FOMC).</u></em>
No literature should not be sensored
Answer:
The Department of War was established in 1789 to manage the US military. The department established an official army instead of relying on militias. The National Reorganization Act of 1947 changed this division of the cabinet by creating the Department of Defense. It oversees the nation's military actions. In 2002, the Department of Homeland Security was formed to focus on safety within the nation's borders.
What information did you include in your response? Check all that apply.
The Department of War originally oversaw the military.
The Department of Defense was created in the late 1940s.
In 2001, the Department of Homeland Security was formed
Explanation: