The main purpose of the Federal Reserve Act of 1913 was to A. establish an alternative to commercial banks. B. regulate banks’ mortgage-lending policies. C. establish a distribution system for currency.

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asked Sep 6, 2021 119k views

2 votes

The main purpose of the Federal Reserve Act of 1913 was to

A. establish an alternative to commercial banks.
B. regulate banks’ mortgage-lending policies.
C. establish a distribution system for currency.
D. oversee and regulate commercial banks.

History
high-school

Dan Hensby asked

by Dan Hensby

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2 Answers

3 votes

Answer:

D is the correct answer

Step-by-step explanation:

Mrbellek answered Sep 7, 2021

by Mrbellek

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4 votes

Answer:

its D

Step-by-step explanation:

thats it on edge

Bivas answered Sep 11, 2021

by Bivas

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