IN THE 1930S, THE FED (A) FAILED TO PERFORM ITS ROLE AS LENDER OF...

69) - TEST BANK CHAPTER 18 CONDUCT OF MONETARY POLICY GOALS AND TARGETS TÀI CHÍNH TIỀN TỆ
TEST BANK CHAPTER 18 CONDUCT OF MONETARY POLICY GOALS AND TARGETS TÀI CHÍNH TIỀN TỆ
69) In the 1930s, the Fed (a) failed to perform its role as lender of last resort. (b) raised reserve requirements in three steps in 1936–37. (c) convinced Congress to eliminate the Fed’s authority over reserve requirements. (d) all of the above. (e) only (a) and (b) of the above. Answer: E Question Status: Previous Edition