Multiple Choice
In 1933, the ________ was set up to ________.
A) Troubled Asset Relief Fund; shore up insolvent commercial banks
B) Federal Reserve System; centralize monetary policy
C) Federal Deposit Insurance Corporation; help prevent bank runs
D) Depository Institutions Deregulation and Monetary Control Act; repeal the Glass-Steagall Act
E) U.S. Department of Treasury; monitor investment bank activity
Correct Answer:
Verified
Correct Answer:
Verified
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