The Banking Acts of 1933 and 1935
A) established the Federal Reserve System.
B) increased central control of the Federal Reserve System.
C) eliminated the authority of the Board of Governors to set reserve requirements.
D) made the Secretary of the Treasury a member of the Board of Governors.
B
You might also like to view...
The distinction between public health problems and private health problems becomes blurred when _____
a. externalities are positive b. preferences are quasi-linear c. health insurance is unavailable d. health care spending is from public coffers
Relative poverty refers to
A) how a family's income compares to the incomes of those around them. B) poverty levels at a stated income cutoff. C) the number of poor in one state relative to another. D) none of the above.
What is a price floor and what are its economic effects?
Please provide the best answer for the statement.
Economic goods are
A. abundant goods, about which we must constantly make decisions about their best use. B. all intangible items from which individuals derive satisfaction or happiness. C. goods that are scarce, for which the quantity demanded exceeds the quantity supplied at any price. D. goods that are scarce, for which the quantity demanded exceeds the quantity supplied at a zero price.