William Jennings Bryan, Secretary of State at the time of the passage of the Federal Reserve Act, argued in favor of having ______ district banks

A) six
B) not less than eight nor more than twelve
C) twelve
D) fifty


D

Economics

You might also like to view...

According to the per se rule, activities that were potentially monopolizing tactics were illegal

a. True b. False Indicate whether the statement is true or false

Economics

Which of the following would most likely cause a shift to the right in Graph B?



a. a change from Q1 to P1 in Graph A
b. a change from P2 to P1 in Graph A
c. a change from P1 to P2 in Graph A
d. a change from Q2 to Q1 in Graph A

Economics

Refer to the graph shown. Given the long-run average cost curve, a seller must produce 18 units just to break even if the price the seller expects is roughly:

A. $52. B. $54. C. $50. D. $58.

Economics

Which of the following was not a factor that contributed to the subprime mortgage crisis?

A. False security derived from FDIC insurance on mortgage loans B. Lower down payments C. Households devoting 25 percent or more of their income to mortgage payments D. Lending to households with adverse credit ratings

Economics