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What was the central goal in the 1913 creation of The Federal Reserve System?


To easily distribute needed credit to the nation's most economically depressed regions, namely the South and West.


To unify the currency among the national banks within the system and eliminate state currencies.


To supervise and regulate banks and other important financial institutions to ensure the safety and soundness of the nation's banking and financial system


To create a national banking system with standardized rules and procedures for borrowing and lending money.


To supervise and regulate the borrowing practices of Wall Street institutions engaged in stock speculation.

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