When the Federal Reserve was established in 1913, it was given specific areas to regulate. Which one the following isnotan original (or current) mandate of the Federal Reserve?

I.Controlling M1

II.Controlling the inflation rate

III.Encouraging full employment

IV.Issuing U S debt

a.I and IV are not original mandates.

b.All are original mandates.

c.None are original mandates.

d.Only IV is not an original mandate.

e.I, III, and IV are not original mandates.