Economics HELP!! (3 questions)?

Question

1. What WAS the most serious money problem faced by people in the early United States?

a)there was no single medium of exchange the money they used lacked stability

c)there were several standards of value

d)some things lacked portability

2. A person who buys something in the hope that it can be sold later for a profit is?

a)using credit

b)investing

c)making a time deposit

d)making a down payment

3. The main job of the Federal Reserve System is to

a)control the supply of money in the United States

b)insure that depositors don't lose their money

c)lend money to its member banks

d)act as a clearinghouse for checks

Answer 1

1. C = they had different standards,. gold silver, etc...

2. B =  investing

3. D = act as a clearighouse for checks