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Go to the Fed's website about the history of banking, http://www.federalreserveeducation.org/about-the-fed/history/ After reading through the site, please answer the following questions: a. What was a
Go to the Fed's website about the history of banking, http://www.federalreserveeducation.org/about-the-fed/history/
After reading through the site, please answer the following questions: a. What was a continental? b. What happened to the first two central banks in the United States? When and what was the "Free Banking Era"? c. Who devised the plan for the Federal Reserve System? d. What change occurred in January 2003? e. Why did the Fed create the Term Auction Facility in 2007?
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