The Frequency of Banking Panics Was Greatly Reduced When

question 65

Multiple Choice

The frequency of banking panics was greatly reduced when

• A) the Federal Reserve was created
• B) the federal government started insuring banking deposits
• C) the Federal Reserve increased the required reserve ratio
• D) the Federal Reserve started using open market operations
• E) the Federal Reserve decided to take a less active role in controlling the money supply

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Definitions:

Personality Tests

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