The report of the 1911 National Monetary Commission
(a) advocated a turn to bimetallism.
(b) advocated unification of the state and national banking systems.
(c) advocated centralized reserve associations which would coordinate
commercial banking processes such as check clearing.
(d) advocated a unified central bank modeled after the Bank of England.
(c)
Economics
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Which of the following acts makes it a felony for competing businesses to fix prices?
A) the Sherman Act B) the Clayton Act C) the Federal Trade Commission Act D) the Robinson-Patman Act
Economics
One consequence of rent ceilings set below the equilibrium rent is that
A) a surplus of housing units develops. B) renters are no longer exploited by landlords. C) it makes the long-run housing supply more elastic. D) search costs for housing increase.
Economics