1. The design of the Federal Reserve System was to ____.
concentrate power within Congress
diffuse power across several needs and interests
expand the power of the executive branch
2. Banks that are required to join the Federal Reserve System are ___ banks and those banks that may elect to join are ___ banks.
regional; national
state; regional
state; national
national; state
3. ____ costs can hinder the flow of funds to people with productive investment opportunities.
Advertising
Government agency
Transaction
Dividend payment