Which of the following statements is true?
A)The Federal Reserve System was established by the U.S.Constitution.
B)The Federal Reserve System was established immediately after the Civil War.
C)The Federal Reserve System was established in 1913.
D)The Federal Reserve System was established during the Great Depression.
E)The Federal Reserve System was established immediately following World War II.

Question

Quizplus · Accepted Answer

The Federal Reserve System was established by Congress in 1913 with the Federal Reserve Act, signed into law by President Woodrow Wilson.

Which of the Following Statements Is True