1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
WINSTONCH [101]
3 years ago
5

The federal reserve act gave the federal reserve board the authority to

History
1 answer:
Natasha_Volkova [10]3 years ago
3 0

Answer:

Issue paper money and increase or decrease the amount of money in circulation by altering interest rates

Explanation:

The Federal Reserve Act 1913 was the act created by the Congress in the U.S. legislation. The act was formed to create the economic stability by making the central bank as an overseer of monetary policies of the U.S.

The act was signed by President Woodrow Wilson into the law. Under this act, 12 Federal banks were given authority to print or issue the paper money, to alter the discount rates, the Fed Fund rates. This law also gave the authority to the Federal reserve boards to buy and sell the U.S. treasuries.

You might be interested in
What was most likely the author’s immediate purpose in writing what to the slave is the fourth of july?""
Nuetrik [128]

Answer:

To persuade readers about the unjust treatment of the African Americans.

Explanation:

"What to the Slaves is the Fourth of July?" is a speech given by Frederick Douglass on the occasion of July 5th, 1852 in Rochester, New York. In it, he emphasized on the American independence celebration which grips the whole nation but the African American community (slaves) did not actually have a cause for celebration. They are still chained and bounded to their initial status and have not experienced any form of freedom.

Douglass was also a former slave but earned his freedom and got an education, later becoming an abolitionist and worked for the freedom of his people. He delivered this speech during the Rochester Ladies' Anti-Slavery Society's meeting. In it, he called upon the injustice that the slaves are facing, while the nation is celebrating "its" freedom. Though the label "nation" includes each and everyone living in the country, and that that freedom is for all, the slaves are still bounded to their position and no one seems to care. His anti-slavery speech became one of the most important works for the abolitionist, including his autobiography. To him, it is ironic that America is celebrating her independence from being under the colonialist rule of Britain, a form of slavery but at the same time, still kept slaves themselves. The slavery system that was still prevalent and in practice even after the independence was what made him question the American people. The one reason/ purpose he most likely wrote this speech was to persuade the readers (audience) about the unjust treatment of the African Americans.  

7 0
3 years ago
Which ancient civilization was ruled by many dynasties, including the Song and Ming, and eventually developed the idea of the dy
castortr0y [4]
Dynastic cycle (traditional Chinese: 朝代循環; simplified Chinese: 朝代循环; pinyin: Cháodài Xúnhuán) is an important political theory in the Chinese history. According to this theory, each dynasty in Chinese history, rises to a political, cultural, and economic peak and then, because of moral corruption, declines, loses the Mandate of Heaven, and falls, only to be replaced by a new dynasty. The cycle then repeats under a surface pattern of repetitive motifs.[1]

It sees a continuity in Chinese history from early times to the present by looking at the succession of empires or dynasties, implying that there is little basic development or change in social or economic structures.[2] John K. Fairbank expressed the doubts of many historians when he wrote that "the concept of the dynastic cycle... has been a major block to the understanding of the fundamental dynamics of Chinese history."[3]
8 0
3 years ago
Read 2 more answers
During the Age of Absolutism, several European monarchs intensified the power of their authority by emphasizing their divine rig
IRISSAK [1]

During the Age of Absolutism, several European monarchs intensified the power of their authority by emphasizing their divine right to rule and A) centralizing their power.

European monarchs clearly undrstood how powerful can get the local regional rulers. Considering the fact that they had armies and could always plot against the crown, monarchs had to do everything to prevent this from happening and establish all sources of power in the capital.

3 0
3 years ago
What were the causes of the Russian Revolution? Consider the long term unrest and the role World War 1 played. use two of these
NemiM [27]

Answer:

byuxgusbkefsfjwbu7mcbr

Explanation:

because god said so

5 0
3 years ago
Read 2 more answers
Why do West Indians speak a variety of languages today
Simora [160]
Hindu is the correct answer :)
6 0
3 years ago
Other questions:
  • An empire is a nation or group ruled by A. a senate of 50 elected officials B. A single leader or emperor C. an organization of
    11·1 answer
  • Unlike the sixth amendment the seventh amendment
    8·1 answer
  • What are three reasons for the need of government and what would happen if there were no government?
    11·1 answer
  • What could African-Americans do to overcome these unequal laws and racist culture?
    9·1 answer
  • According to john locke if the government failed to protect natural right what did citizens have a right to do .
    5·2 answers
  • Who was the president of the U.S in 1944.
    13·2 answers
  • What were the impacts of European colonization of Latin America? Explain the PROS and CONS.
    15·1 answer
  • The 20th Amendment, also called the Lame Duck Amendment, decreased the amount of time between the presidential election and the
    14·2 answers
  • After its political system stabilized with the end of apartheid, what was South Africa's government able to do?
    6·2 answers
  • Which of the following is a way the media is used by a political candidate through use of TV commercial breaks? A. Press confere
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!