The Federal Reserve Act of 1913 required that
A. state banks be subject to the same regulations as national banks.
B. national banks establish branches in the cities containing Federal Reserve banks.
C. national banks join the Federal Reserve System.
D. all of the above be done.
Answer:C
The Federal Reserve Act of 1913 required that
A. state banks be subject to the same regulations as national banks.
 B. national banks establish branches in the cities containing Federal Reserve banks.
 C. national banks join the Federal Reserve System.
 D. all of the above be done.
