In an Effort to Prevent Future Financial Crises Like the Stock

question 3

Multiple Choice

In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress:

• A) formed the FDIC.
• B) passed the Bubble Act.
• C) formed the Federal Reserve Bank.
• D) passed the American Anti-Corruption Act.

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Definitions:

Dry Bulk Pressure Hopper

A container designed for transporting dry bulk materials, utilizing pressurized air to aid in the unloading process.

Variance

A statistical measure of the dispersion of data points in a data set, indicating how far each data point lies from the mean.

Financial Asset

Any asset that is cash, an equity instrument of another entity, or a contractual right to receive cash or another financial asset.