Suppose Congress were to amend the Federal Reserve Act and set up a new commission to reexamine
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Suppose Congress were to amend the Federal Reserve Act and set up a new commission to reexamine the Federal Reserve district boundaries. What considerations should the commission use in drawing the boundaries? Would the boundaries likely be much different than the original boundaries? Does it matter as much today as it did in 1914 where the district boundaries lie? Briefly explain.
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The commission should look to distribute the Federal Reserve ...View the full answer
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Related Book For 
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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