When Congress established the Federal Reserve in 1913, its main responsibility was

Social Studies

1 answer:

yarga [219]3 years ago

5 0

Answer:

Option D.

Explanation:

To make discount loans to banks suffering from large withdrawals by depositors, is the right answer.

Passed by the U.S. Congress and signed into law by Woodrow Wilson, the then U.S. President, the Federal Reserve Act was an act that founded the Federal Reserve System of the United States. This system was comprised of twelve regional Federal Reserve Banks, which were responsible for controlling the money supply, offering loans and overlooking the banks and to serve as the lender of ultimate possibility. The main job of this reserve was to provide discount loans to banks undergoing massive withdrawals by depositors. Thus Option D will be the right answer.

You might be interested in

Which statement best describes the current role of bushido in Japan?

Darya [45]

Even though it was created as code for warriors, Bushido influenced most of Japanese society
-Japanese feel a connection to the samurai today
-an example includes how the samurai's dedication and discipline are still admired in Japan
-values including loyalty and honor, the central ideas of the samurai code, remain important in modern Japan

6 0

3 years ago

Read 2 more answers

How can the Constitution be changed?

kumpel [21]

Article V creates a two-stage process for amending the Constitution: proposal and ratification. An amendment can be proposed by two-thirds of both houses of Congress or... By two-thirds of state legislatures requesting Congress to call a national convention to propose amendments.

3 0

3 years ago

Why did Spanish explorers come to the Americas? Check all that apply.

Bond [772]

Answer:

Put picture or write all that apply

Explanation:

Then I’ll answer your question.

8 0

3 years ago

Dubai is considered to be the Hong Hong of the Middle east.Justify

MatroZZZ [7]

Because they have a great economy and it is one of the richest countries of the world.

4 0

3 years ago

Infant nathan is smiling and "talking" with short, loud noises. his mother responds each time nathan expresses himself by smilin

Ilia_Sergeevich [38]

Infant Nathan is smiling and "talking" with short, loud noises. His mother responds each time Nathan expresses himself by smiling and talking. This interaction is described as: verbal “dialogues”.

Infants' early vocalisations (language), such as crying, cooing, and babbling, serve as the foundation upon which more sophisticated structures can be build. These high-pitched voice tones with a lot of modulation are preferred by newborns.

When speaking to a young infant, parents from diverse cultures and languages naturally utilise loud noises. In the first month, cooing noises are the first "answers" that babies make. Sometime within the first month, one of these pleasant social interactions results in these subtle vocalisations.

By the second month, the majority of babies will converse verbally with their parents back and forth in a "dialogues" that is cooperatively controlled by both parties.

To learn more about Infant verbal language , refer

brainly.com/question/13700967

#SPJ4

3 0

1 year ago

When Congress established the Federal Reserve in​ 1913, its main responsibility was

When Congress established the Federal Reserve in 1913, its main responsibility was