Question $17$ of $21$

Classify each statement about the Federal Reserve System as either true or false.

$$ The Federal Reserve was established by the U$.$S$.$ Constitution in the late $1700$s$.$

$$ The national objectives of the Federal Reserve include promoting economic growth, full employment, stable prices, and moderate interest rates.

$$

All Federal Reserve actions are subject to veto by the executive branch.

True

$$

$18$

$$

The Federal Reserve determines monetary policy in the United States.

The Federal Reserve was created by the Federal Reserve Act of $1913.$

$\mathrm{.}00$

Answer Bank

True

False