Question

The need to regulate the US money supply was the idea behind the formation of the __________.A.

Second Bank of the United States
B.
Federal Reserve System
C.
National Credit Union Administration
D.
Federal Deposit Insurance Corporation

Answer 1

The answer is
B.
Federal Reserve System

Answer 2

The answer is option B.

Step-by-step explanation:

The Federal Reserve System, frequently alluded to as the Federal Reserve or just "the Fed," is the national bank of the United States. It was made by the Congress to furnish the country with a more secure, more adaptable, and more steady money related and budgetary system.To do that, the Fed settles on choices over financial approach to help look after work, keep costs stable, and keep loan costs at a level that helps the economy. It additionally administers and directs banks to ensure they are sheltered spots for individuals to keep their cash, and to secure shoppers' credit rights.