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Explain the function and purpose of the U.S. Federal Reserve System

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Answer:

Step-by-step explanation:

function: conducting the nation's monetary policy

purpose: The Federal Reserve System, often referred to as the Federal Reserve or simply "the Fed," is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.

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User Averi Kitsch
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