In 1913, Congress passed the Federal Reserve Act to correct flaws in the structure of the United States financial system. What were those flaws and how did the Act fix (or attempt to fix) them? For full credit on this question, the goals of the Federal Reserve Act in broad terms and then describe (a) three flaws in the pre-Fed monetary and banking system and (b) how the Federal Reserve Act fixed (or attempted to fix) those three flaws