asked 24.4k views
5 votes
Why did U.S. leaders decide to create the Federal Reserve?

A. Economic panics showed that the banking system was not stable.
B. The United States needed to have a single type of currency.
C. Small banks requested additional government oversight.
D. State banks needed the power to create their own currencies.​

asked
User Chronio
by
8.4k points

2 Answers

6 votes

Answer:A

Explanation:

I did the test

answered
User Rongyan Xia
by
8.8k points
5 votes

Answer:

A

Explanation:

A central bank was needed to oversee monetary policy

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