History, 13.04.2021 03:00, thebestandrew922

The main purpose of the Federal Reserve Act of 1913 was to 1. establish and alternative to commercial banks

2. regulate banks’ mortgage-lending policies

3. establish a distribution system for currency

4. oversee and regulate commercial banks

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The main purpose of the Federal Reserve Act of 1913 was to 1. establish and alternative to commerci...