Исправьте следующие утверждения в соответствии с содержанием текста: 1. The most...

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Исправьте следующие утверждения в соответствии с содержанием текста:
1. The most important function of the first central bank of the US was supervision.

2. There was no central bank in the United States in 1918.

3. At present the main role of the FED is acting as a lender of last resort for the banks.
текст: (1) Shortly after the U.S. Constitution was adopted the nation’s first central bank, the Bank of the United States was set up. This bank’s main role was to act as the banker to the Treasury. Tax revenues were deposited at the Bank of the United Slates, and the central government made withdrawals from this bank to pay its bills. This bank also had some supervisory powers over other banks and would make loans to them, but its powers were more limited than those of modern central banks.
(2) The United States found itself without a central bank from 1837 to 1914. During that period, it became apparent that a central bank would be useful for several purposes: supervising bank safety, clearing checks, and, most important at that time, acting as a lender of last resort for the banks, that made up the highly decentralized U.S. banking system. Thus, in 1914 the Federal Reserve System was created.
(3) As the FED developed, it became clear that these functions were secondary to the primary role of controlling the money supply and influencing the level of interest rates. Today economists consider controlling the money supply to be the primary role of the FED, that is partly because they take the other functions for granted.


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1.The most important function of the first central bank of US was to act as the banker to the Treasury. 2.There was no central bank in the United States from 1837 to 1914 3.At present the main role of the FED is controlling the money supply

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1)The main role was to act as the banker to the Treasury. 2) The US found itself without a central bank from 1837 to 1914 3)Today economists consider controlling the money supply to be the primary role of the FED, that is partly because they take the other functions for granted.

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