Multiple Choice
As a result of the bank failures of the early 1930s
A) bank reserves as a fraction of deposits rose and total bank deposits fell.
B) bank reserves as a fraction of deposits and total bank deposits both fell.
C) bank reserves as a fraction of deposits and total bank deposits both rose.
D) bank reserves as a fraction of deposits fell and total bank deposits rose.
Correct Answer:
Verified
Correct Answer:
Verified
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