During the Federal Bank Holiday ordered by President Roosevelt
a. new supplies of gold were distributed to the banks.
b. a national monetary commission was set up.
c. the banks were inspected.
d. the leadership of the Federal Reserve System was replaced.
c. the banks were inspected.
You might also like to view...
If the exchange rate falls, the quantity of dollars supplied
A) increases, and there is movement up along the supply curve of dollars. B) increases, and there is movement down along the supply curve of dollars. C) decreases, and there is movement up along the supply curve of dollars. D) does not change. E) decreases, and there is movement down along the supply curve of dollars.
Unemployment increases when
A) an inflationary gap is created. B) potential GDP increases. C) the government decreases its expenditure on goods and services. D) aggregate demand increases. E) aggregate supply increases.