Examlex

Solved

Sweep Accounts Which Were Created to Avoid Reserve Requirements Became

question 52

Multiple Choice

Sweep accounts which were created to avoid reserve requirements became possible because of a change in ________.


Definitions:

Francis E. Townsend

An American physician who was a prominent advocate for the elderly, known for proposing the Townsend Plan, a precursor to Social Security.

Government Payments

Financial disbursements made by the government to individuals, corporations, or other governments to fulfill obligations or provide support in the form of subsidies, benefits, or grants.

Second New Deal

A series of social welfare programs and reforms introduced in 1935-1936 by President Franklin D. Roosevelt in response to weaknesses left unaddressed by the first New Deal.

Related Questions