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    Business
  3. Study Set
    Economics A Contemporary Introduction
  4. Exam
    Exam 14: Money and the Financial System
  5. Question
    The Twelve District Banks of the Federal Reserve System Were
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The Twelve District Banks of the Federal Reserve System Were

Question 2

Question 2

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The twelve district banks of the Federal Reserve System were created to decentralize power and respond to the public's fears of the monopoly power of a single central bank such as the Bank of England or the Bank of Japan.

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