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...
In the early twentieth century, the Ottoman Empire was referred to as the
a. "Sick Man of Europe." b. "Turkish Colossus." c. "Evil Empire." d. "Threat from the East." e. "Scarlet Knights."
Black Californians generally __________
A) lived in multicultural communities B) lived in segregated communities C) worked as carpenters and coal miners D) lived in the state’s central valley
Intercultural communication _______
A) refers to an exchange between members of different cultures B) refers to the psychological discomfort you may feel when you interact with people from different cultures C) refers to interactions that occur between people whose cultures are so different that the communication between them is altered D) hurts local cultures
In what way were Dred Scott v. Sandford and the Fugitive Slave Act similar?
A) Both represented victories for abolitionists. B) Both worked to the advantage of slaveholders. C) Both weakened the institution of slavery. D) Both made it easier for slaves to gain freedom.