Question: Please answer all 10 questions by choosing the correct option for each question. Be clear and thank you! Q3 The Federal Reserve is a corporation
Please answer all 10 questions by choosing the correct option for each question. Be clear and thank you!










Q3 The Federal Reserve is a corporation that is not a part of any branch in the government. True O FalseQ4 How many members are on the Board of Governors in the Fed? O 4 O 3 O7 O 10Q5 Who issued the bank holiday? O President Roosevelt O President Wilson O President Kennedy O President Obama02 measures that portion of the money supply most easily used as a medium of exchange. O M1 O M2 O M3 O M4Q8 The advises the Board of Governors in the Fed. O president of the U.S. O U.S. Treasury secretary O Advisory Committee O None of the aboveQ9 The National Banking System was created after World War II. O True O FalseQ6 Ina banks are required to keep only a portion of their total deposits in the form of legal reserves. O excess reserve O fractional reserve system O bank run O bank holidayCurrency backed by government bonds is O a gold certificate O a national bank O a national currency O a government currency\fQ1 What was created as preventative measures due to bank failures in the 1930s? O FDIC O bank holiday O Federal Reserve notes O There were no preventative measures taken after the bank failures
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