The design of the federal reserve system

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Reference no: EM13876061

1. The design of the Federal Reserve System was to ____.

concentrate power within Congress

diffuse power across several needs and interests

expand the power of the executive branch

2. Banks that are required to join the Federal Reserve System are ___ banks and those banks that may elect to join are ___ banks.

regional; national

state; regional

state; national

national; state

3. ____ costs can hinder the flow of funds to people with productive investment opportunities.

Advertising

Government agency

Transaction

Dividend payment

Reference no: EM13876061

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