Question

What did the Federal Reserve Act create?

Answer 1

It enforced conservation of land and created monuments.
It supported 10 national banks in the nation without a central banking system.
It created a centralized banking system for our nation.
It created a federal income tax.
It prohibited child labor.

Answer 2

The Federal Reserve Act intended to establish a form of economic stability through the introduction of the Central Bank, which would be in charge of monetary policy, into the United States. The Federal Reserve Act is perhaps one of the most influential laws concerning the U.S. financial system.

B

Answer 3

It is B

Answer 4

Opps sorry didn't see you had already posted

Answer 5

@hlee13 It's okay, we can just be double sure :)