Question

SOMEONE HELP I HAVE ONLY A FEW MINUTES LEFT!

The main purpose of the Federal Reserve Act of 1913 was to

establish an alternative to commercial banks.

regulate banks' mortgage lending policies.

establish a distribution system for currency.

oversee and regulate commercial banks.

Answer 1

D oversee

Step-by-step explanation:

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Answer 2

It should be "oversee and regulate commercial banks"

Step-by-step explanation:

The Federal Reserve Act of 1913 introduced a central bank to oversee monetary policies.