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Does every state have a federal reserve in every state?
There are 12 Federal Reserve banks and 50 states, so no not every state has a Federal Reserve Bank. On the other hand, each state is assigned to and served by one or more of the 12 Federal Reserve banks, so yes - in that sense - every state is served by the Fed.
The fractional reserve system allows the federal reserve to?
control state banks
In which state is the oldest federal reserve park in?
New York
What state is the main headquarters of the federal Reserve located in?
Washington DC
Who is responsible for monitoring the reserves of state member banks?
The Federal Reserve is responsible.
Does every state have a federal reserve in every state?
There are 12 Federal Reserve banks and 50 states, so no not every state has a Federal Reserve Bank. On the other hand, each state is assigned to and served by one or more of the 12 Federal Reserve banks, so yes - in that sense - every state is served by the Fed.
The fractional reserve system allows the federal reserve to?
control state banks
The united state's central bank is known as?
The Federal Reserve, also known as the Federal Reserve Bank or just the Fed.
In which state is the oldest federal reserve park in?
New York
What state is the main headquarters of the federal Reserve located in?
Washington DC
Can State Legislatures audit the federal reserve banks that cover districts within their state?
No, that is the job of the federal government. The state governments have no jurisdiction in the matter.
What government agency conducts monetary policy in the United States?
The Federal Reserve is responsible for managing the money supply in the U.S.
Who is responsible for monitoring the reserves of state member banks?
The Federal Reserve is responsible.
What was the singular achievement of the Federal Reserve Act?
Establishing the Federal Reserve was the singular achievement of the Federal Reserve Act.
When was the federal reserve established?
The Federal Reserve was created in 1913
How many federal reserve districts did the Federal Reserve Act divide the US into?
There are twelve Federal Reserve districts in the U.S.
What law was passed by congress to prevent financial panic?
The Federal Reserve Act...Apex:)
