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!

Please answer all 10 questions by choosing the correct option for eachquestion. Be clear and thank you! Q3 The Federal Reserve is acorporation that is not a part of any branch in the government.True O FalseQ4 How many members are on the Board of Governorsin the Fed? O 4 O 3 O7 O 10Q5 Who issuedthe bank holiday? O President Roosevelt O President Wilson O President KennedyO President Obama02 measures that portion of the money supply most easilyused as a medium of exchange. O M1 O M2 O M3O M4Q8 The advises the Board of Governors in the Fed. Opresident of the U.S. O U.S. Treasury secretary O Advisory Committee O

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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