Question: I need help with these, just need these four and ill like to learn them QUESTION 1 Why was the Federal Reserve set up? To

I need help with these, just need these four and ill like to learn them

QUESTION 1 Why was the Federal Reserve set up? To act as a lender of last resort To regulate banks To support economic performance All of the above QUESTION 2 What term best describes the structure of the Fed? A centralized central bank A decentralized central bank A decentralized decentral bank A centralized decentral bank QUESTION 3 When did the Fed first start trying to manage the macroeconomy? After abandoning the gold standard After WW2 After becoming the financial leader of the world When the Federeal Reserve was created QUESTION 4 What backed the dollar after the gold standard ended? A promise to pay it back Gold Other currency Faith in the Fed

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