Which of the following was not an original responsibility, Financial Management

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Which of the following was not an original responsibility

Which of the following was not an original responsibility of the Federal Reserve?

a. Issue currency (Federal reserve notes)

b. Conduct monetary policy

c. Smooth seasonal variations in credit availability and interest rates

d. Limit the extent of banking panics (financial crises)

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Financial Management: Which of the following was not an original responsibility

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