Match the Problems with the solutions

a. There were many national banks and no centralized system for keeping th
b. Banks were vulnerable to failure because of lack of reserves.
c. The nation was operating with several different forms of national currency
Solutions:
1. The Fed had the ability to loan money to banks that were in trouble.
2. Federal Reserve notes replaced all other types of federal currency.
3. The Fed served as a central bank, which strengthened the nation's banking system