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Federal Reserve System means the banking methodology of the United States of America.
History of Federal Reserve System
Objectives of Federal Reserve System:
The primary objectives of Federal Reserve System are:
With advent of time, Federal Reserve System also regulates and controls banks operating in America and dealing with American finances.
The Set Up of FRS
It consists of a Board of Governors and this board is selected by the President of USA. These Board members control and keep a strict eye on the overall functioning of the finance system, and if required take up necessary steps to make changes in the policies.
Federal Reserve System also has a Federal Open Market Committee. The sole purpose of this committee is to suggest inputs in the areas of market policies. The suggestions are based on the present day challenges.
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Though the subject looks easy and does not seem to be a tough nut to crack, there is a major learning gap when it comes to policy structures. Most of the students face problems with policy framework, and this is when they seek Federal Reserve System homework help
Significance of Federal Reserve System
Federal Reserve System is of great global significance.
The importance can be gauged from the fact that in 2007, when USA headed towards an economic slowdown, the world was literally pushed into recession.
Federal Reserve System-Challenges faced by Students
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