Multiple Choice
The Federal Reserve Act gave the Federal Reserve Board the authority to
A) issue paper money and increase or decrease the amount of money in circulation by altering interest rates.
B) close weak banks.
C) take the U.S. dollar off the gold standard.
D) permit the free coinage of silver.
E) guarantee individual banking deposits against bank failures.
Correct Answer:
Verified
Correct Answer:
Verified
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