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The Federal Reserve Banks Could Probably Have Prevented Many of the Bank

Question 5

Multiple Choice

The Federal Reserve banks could probably have prevented many of the bank failures in the early 1930s by _____


A) raising the reserve requirement of commercial banks.
B) lending money to the commercial banks.
C) improving the system whereby checks are cleared.
D) helping to create a commission of experts to engage in a prolonged study of the problem.
E) selling large amounts of government bonds.

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