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The Federal Reserve System was created in 1913
to
(1) authorize Congress to set interest rates
(2) regulate the nation’s money supply
(3) allow the government to own the nation’s
banks
(4) take over the responsibility of printing money

Sagot :

The Federal Reserve System was created in 1913 to "(2) regulate the nation’s money supply". This was a very much needed measure since instability was ramped. 
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