In 1913, Congress created 12 Federal Reserve districts spread over the country. a. Why did Congress divide

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In 1913, Congress created 12 Federal Reserve districts spread over the country.
a. Why did Congress divide the country into districts?
b. Some argue that Fed districts should change. Why might this change make sense?

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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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Question Posted: Feb 04, 2016 06:50 AM

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In 1913, Congress created 12 Federal Reserve districts spread over the country. a. Why did Congress divide

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a Congress divided the districts in this way to attempt to adequately ...View the full answer

Macroeconomics

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