Prior to the Creation of the Federal Reserve System,the Money

question 51

Multiple Choice

Prior to the creation of the Federal Reserve System,the money supply

• A)Was very stable and highly valued
• B)Was comprised of currency printed by the Department of the Treasury
• C)Was produced by local banks and often traded at a discount
• D)Was available only to bank depositors
• E)Was comprised of gold

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Definitions:

Global Empathy

The ability and willingness to understand and share the feelings of people from diverse backgrounds and cultures on a global scale.

Accidentally

Occurring by chance, without intention or plan.

Moral Notion

A concept related to the principles or rules of right conduct or the distinction between right and wrong.

Moral Conviction

A strongly held belief in the rightness or wrongness of actions, which guides moral behavior and judgments.