Question

Which of the following were the key changes made to the economy by the Federal Reserve Act of 1913? Select all that apply.

increased use of the dollar
increased international banking
increased use of gold
increased insurance for investors

Answer 1

the increase of the dollar and the increase of international banking
thats what i got.

Answer 2

The correct answer is:

The increase of the dollar and the increase of international banking.

Step-by-step explanation:

It was invented by the Congress to present the nation with a competent, more flexible, and more permanent monetary and financial system. The Federal Reserve was organized on December 23, 1913, when President Woodrow Wilson endorsed the Federal Reserve Act into law.