Question

What did the federal reserve act, signed into law in 1913 by president woodrow Wilson, accomplish?

Answer 1

Answer: The 1913 Federal Reserve Act, signed into law by President Woodrow Wilson, gave the 12 Federal Reserve banks the ability to print money to ensure economic stability. The Federal Reserve System created the dual mandate to maximize employment and keep inflation low.

Explanation:

Answer 2

Answer:

12 Federal Reserve banks the ability to print money to ensure economic stability.

Explanation:

The 1913 Federal Reserve Act, signed into law by President Woodrow Wilson, gave the 12 Federal Reserve banks the ability to print money to ensure economic stability. The Federal Reserve System created the dual mandate to maximize employment and keep inflation low