Questions: What is the role of the 12 Federal Reserve banks?

What is the role of the 12 Federal Reserve banks?
Transcript text: What is the role of the 12 Federal Reserve banks?
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Solution

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Solution Steps

Step 1: Identify the Question

The question asks about the role of the 12 Federal Reserve banks.

Step 2: Analyze the Provided Information

The text states that the 12 Federal Reserve banks "supervise commercial banks in their area, offering support to protect consumers."

Step 3: Match the Information to the Options

The correct option should align with the role of supervising and offering support to commercial banks.

Final Answer

The role of the 12 Federal Reserve banks is "to supervise and offer support to commercial banks."

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