To stabilize the banking system and control the supply of money, the Federal Reserve requires all banks to maintain a reserve
a. in currency in the amount of half of all bank loans.
b. incash supply in each bank location.
c. in currency or in deposits with a Federal Reserve bank.
d. by buying bonds from the government.
C
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The Framers agreed that the new nation had to be founded on notions of which of the following?
a. economic equality b. aristocracy c. racial equality d. religious freedom
How did the Constitution differ from the Articles of Confederation?
a. The Constitution was based on democratic principles; the Articles of Confederation was based on tyrannical principles. b. The Constitution contained strong protections for individual rights; the Articles of Confederation contained strong protections for collective rights. c. The Constitution created a stronger federal government than did the Articles of Confederation. d. The Constitution contained stronger safeguards for states' rights than did the Articles of Confederation.