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Federal Reserve

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Title: Federal Reserve

Essay Details:

Subject: History

Author:

Date: February 10, 2014

Level: University

Grade: A

Length: 1 / 288

Essay text:

government, to the public, to financial institutions and to foreign official institutions. The structure of the Federal Reserve was designed by Congress to give it a broad perspective on the economy and on economic activity in all parts of the nation. It is composed of a central government agency(Board of Governors) in Washington D.C., 12 regional Reserve Banks, located in major cities around the nation. The Federal Reserve's income comes from the interest on U.S. government securities that it has acquired through open market operations. Other sources of income are the interest on foreign currency investments...

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