Question 9 2 pts The Fed was established in _ __ with the passage of the Federal Reserve Act. 1776 O 1913 O 1977 O 1855 Question 10 2 pts Commodity money O is backed by a valuable commodity such as gold. O has little to no value independent of its use as money. O has value independent of its use as money. O can be used to purchase commodities, but not services