Question

What are the Federal Reserve Districts?

A) twelve banking districts created by the Federal Reserve Act


B) Federal Reserve committee that makes key decisions about interest rates and the growth of the U.S. money supply


C) research arm of the Federal Reserve


D) group of Federal Reserve governors that influences the level of real GDP and the rate of inflation in the economy

Answer 1

the Federal Reserve Districts is A) twelve banking districts created by the Federal Reserve Act

Answer 2

A) Twelve banking districts created by the Federal Reserve Act

Step-by-step explanation:

The Federal Reserve Act of 1913 created the US federal Reserve system. It wad created to establish economic stability in the US and established a central bank to supervise the monetary policy. The act also built twelve federal reserve districts and one federal reserve banks for each of the district. All the federal reserve banks implement the monetary policy decided by the Federal Open Market Committee.