The Federal Reserve Act
A. helped to reduce loans to private banks.
B. was regulated by a board whose members were elected by Congress.
C. was designed to push troubled banks out of business.
D. created sixteen regional banks.
E. created a new type of paper currency.
Answer: E
You might also like to view...
Examine the two images in Map 1-3. What major differences existed between the two empires over time?
A) Mali expanded to the southern coast of Africa. B) Ghana expanded to the Atlantic Ocean. C) Mali and Ghana remained landlocked. D) Mali expanded more than did Ghana.
What did Kongo and Angola have in common with West Africa?
A) They established colonies of people in the Americas. B) They escaped connection to the slave trade. C) Their people divided labor by gender and lived in villages of extended families. D) They were similar in size.
What is the name of the Spanish laws based on the Justinian Code?
A) ?Siete Partidas B) ?Los Eldidas C) ?Mi Sifaldo D) ?El Latitas E) ?Les Lagos
Compare European imperialism in French North Africa and the Belgian Congo. How were these colonies integrated as part of the home country's political, economic, and cultural life?
What will be an ideal response?