What is the main job of the Federal Reserve?

CONTROLLING INFLATION

INCREASING EMPLOYMENT

MAKING SURE BANKS ARE PROFITABLE

BOTH A AND B

Why are there two Federal Reserve Banks in Missouri?

TO BALANCE THE BANKS ON THE EAST COAST AND WEST COAST

POLITICS

WHEN BANKS NEED TO SHIP CURRENCIES TO EACH OTHER ACROSS THE COUNTRY, IT IS USEFUL TO HAVE BANKS IN THE MIDDLE

ONE OF THE BANKS IS MOSTLY FOR GOLD STORAGE AND IS LESS IMPORTANT

What happens if banks do not have enough cash to satisfy their reserve requirements at the end of the day?

THEY MUST BORROW FROM THE FEDERAL RESERVE OR ANOTHER BANK

THEY GO OUT OF BUSINESS

THEY MUST PAY HEAVY FINES

NOTHING, UNLESS IT DOES IT MANY TIMES IN A ROW