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The original intent of the Federal Reserve Act of 1913 was to provide the Fed with what role?

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The original intent of the Federal Reserve Act of 1913 was to provide the Fed with what role?

The original intent of the Federal Reserve Act of 1913 was to provide the Fed with what role?
A) regulator of the banking system
B) lender of last resort
C) manage the exchange rate
D) maintain a balanced budget

Textbook

Money, Banking, and the Financial System

Money, Banking, and the Financial System

Edition: 3^rd

Authors: Hubbard, O'Brien

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