When the Federal Reserve System was created,it was thought that its most important influence over monetary conditions would be:
A)lending to banks to bolster their reserve positions
B)open market operations
C)the issuance of Federal Reserve notes
D)the changing of reserve requirements

Question

Quizplus · Accepted Answer

When the Federal Reserve System was created, it was initially believed that its most important role would be to lend to banks to support their reserve positions, ensuring stability in the banking system.

When the Federal Reserve System Was Created,it Was Thought That