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aleksandr82 [10.1K]
3 years ago
8

What is the main idea of the argument presented

History
1 answer:
ankoles [38]3 years ago
8 0

Answer:

Standard Oil made higher profits because it received better shipping rates from railroad companies

Explanation:

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During the 17th century two future rulers

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The statement that best describes the rules of the Federal Reserve is that the Federal Reserve directs monetary policy, sets interest rates, and provides banking services for commercial banks.

<h3>What is Federal Reserve?</h3>

The Federal Reserve is defined as the central banking system in the United States. This system was come into the existence from December 23, 1913.

Under this system, the Federal produces medium of exchange or money by buying or acquiring the securities from the wide-open market and then increase the related funds to the reserves banks of commercial banks.

This system provides the banking services to the commercial banks of the America, by directing the monetary policy, sets interest rates, and renders banking services.

Therefore, the correct option is D.

Learn more about the Federal Reserve, refer to:

brainly.com/question/17097530

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3 years ago
What was a result of the Confederate victory at Fort Sumter?
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Andrew Jackson, John Quincy Adams, Henry Clay and William Crawford were the primary contenders for the presidency. The result of the election was inconclusive, as no candidate won a majority of the electoral vote. In the election for vice president, John C. Calhoun was elected with a comfortable majority of the vote

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