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

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 the 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.