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The Many Regional Federal Reserve Banks Resulted from a Compromise

Question 20

Multiple Choice
The many regional Federal Reserve banks resulted from a compromise between parties favoring

The many regional Federal Reserve banks resulted from a compromise between parties favoring


A) the establishment of a central bank and those opposed to its establishment.
B) a private central bank and those favoring a government institution.
C) the establishment of the Board of Governors in Washington, D.C., and those preferring its establishment in New York City.
D) none of the above.

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