Why did Congress create 12 Federal Reserve Banks rather than one central bank?

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Financial System Of The Economy Principles Of Money And Banking

ISBN: 9780765622464

5th Edition

Authors: Maureen Burton,Bruce Brown

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Question Posted: Nov 27, 2023 06:49 AM

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Why did Congress create 12 Federal Reserve Banks rather than one central bank?

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Congress created 12 Federal Reserve Banks instead of one central bank for several reasons 1 Geograph...View the full answer

Financial System Of The Economy Principles Of Money And Banking

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