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What was the purpose of the Federal Reserve Act?1. to promote the gold standard in such a way that the banking system of the United States was identical to that of the Civil War2. to adjust the nation's currency supply and create a national banking system to promote growth and ensure the stability of member banks3. to end the Great Depression, which had begun during the end of Roosevelt's last term as president4. to require every state-chartered bank to become a member of the Federal Reserve system and regulate them closely
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