Question

What are Reserve Banks? Reserve Banks are ___1____ that help the ___2____ carry out its duties. answers for 1: commercial banks, regional banks, or investment banks. answers for 2: central bank,government,or state.

Answer 1

1. regional banks
I think 2 is central bank  

Answer 2

Answer:

1. Regional banks

2. Central bank

Explanation:

The Federal Reserve System is established in the Federal Reserve Act (1913) of the United States, which consists in a central bank located in Washington D.C., 12 Federal Reserve Banks, and the Board of Governors.

The main responsibilities of the 12 Federal Reserve Banks is to supervise and maintain the stability of the financial system, ensure regional interests oversee that the decisions of the central bank serve the nation, and create monetary policy.

The 12 regions where the Federal Reserve Banks are located are: Chicago, Atlanta, Kansas City, Cleveland, Philadelphia, Virginia, San Francisco, St. Louis, Boston, Minneapolis, New York, Richmond.