The Banking Act of 1933

question 129

Multiple Choice

The Banking Act of 1933

• A)allowed banks to hold any assets,without the need for approval by the Fed
• B)allowed banks to hold any assets,subject to approval by the Fed
• C)allowed banks to hold U.S.government securities,subject to approval by the Fed
• D)forbade banks from buying corporate stocks and bonds,in order to put a ceiling on bank profits
• E)forbade banks from buying corporate stocks and bonds,in order to minimize bank risk

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Definitions:

Effectiveness

The degree to which something is successful in producing a desired result; the ability of a thing or action to achieve its intended outcome.

Learning Process

refers to the methods or pathway through which individuals acquire new knowledge, behaviors, skills, values, or preferences.

Negative Reinforcement

A method in behavioral psychology where a response or behavior is strengthened by stopping, removing, or avoiding a negative outcome or stimulus.

Scolded

To reprimand or criticize someone angrily for a wrongdoing.