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The designers of the Federal Reserve Act meant to create a central bank that would be able to supply the economy with A. a currency

The designers of the Federal Reserve Act meant to create a central bank that would be able to supply the economy with


A. a currency whose supply is fixed especially during years with large budget deficits.

B. an inelastic currency that would not change regardless of the business cycle.

C. a currency whose supply is fixed especially during economic recessions.

D. an elastic currency that would expand and contract depending on the business cycle.

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