The belief that bank failures were regularly caused by fraud or the lack of sufficient bank capital explains, in part, the passage of

A) the National Bank Charter Amendments of 1918.
B) the Garn-St. Germain Act of 1982.
C) the National Bank Act of 1863.
D) Federal Reserve Act of 1913.

C

Economics

You might also like to view...

Which of the following is an advantage to money targeting?

A) There is an immediate signal on the achievement of the target. B) It does not rely on a stable money-inflation relationship. C) It implies lack of transparency. D) It implies smaller output fluctuations.

Economics

If the supply curve decreases while the demand curve remains unchanged, the equilibrium price would increase

a. True b. False Indicate whether the statement is true or false

Economics