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Genrish500 [490]
4 years ago
13

Banks that joined the fed had to purchase

History
1 answer:
Olegator [25]4 years ago
3 0

When joining the Fed, banks are required to buy stock in the Federal Reserve System equal to 6% of their capital, with half (3%) held at the banks’ regional Fed.

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According to madison, one method that has traditionally been used to prevent the formation of factions is to?
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According to Madison, one method that has traditionally been used to prevent the formation of factions is to remove the liberty of people in the community to form these groups

A faction within a group or political party can include fragmented sub-factions, or "parties within a party," which can be power blocs or voting blocs.

James Madison, America's fourth President (1809-1817), helped ratify the Constitution by co-authoring The Federalist Papers with Alexander Hamilton and John Jay. Later on, he was dubbed the "Father of the Constitution."

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3 years ago
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what is this from? i dont see any article attached or any answer choices...

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