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Why did U.S. leaders decide to create the Federal Reserve? A. Economic panics showed that the banking system was not stable. B.
Question
Why did U.S. leaders decide to create the Federal Reserve?
A. Economic panics showed that the banking system was not stable.
B. The United States needed to have a single type of currency.
C. Small banks requested additional government oversight.
D. State banks needed the power to create their own currencies.
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Mathematics
4 years
2021-07-25T18:34:28+00:00
2021-07-25T18:34:28+00:00 1 Answers
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Answer:
A
Step-by-step explanation:
A central bank was needed to oversee monetary policy