In Response to the Destructive Bank Panics of the Great

question 111

Multiple Choice

In response to the destructive bank panics of the Great Depression,future bank panics are designed to be prevented by

• A)the Federal Reserve System acting as a lender of last resort.
• B)the Federal Reserve System conducting open market operations.
• C)the establishment of the Federal Deposit Insurance Corporation.
• D)establishing a fractional reserve system of banking.
• E)increasing the required reserve ratio to 100%.

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Definitions:

Euphemism

A mild or indirect word or expression substituted for one considered to be too harsh or blunt when referring to something unpleasant or embarrassing.

Passive Voice

A sentence structure in which the subject is the recipient of the action, often used to deflect responsibility or focus attention elsewhere.

"You" Attitude

A communication approach that focuses on and prioritizes the receiver's interests and needs.

Nouns

Words that name people, places, things, or ideas, serving as a basic element of grammar in most languages.