1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Veseljchak [2.6K]
2 years ago
13

What did the Federal Reserve refuse to do in order to keep a run on the banks from causing a failure of the US banking system? A

) The Fed refused to act and ignored the situation completely. B) The Fed refused to enact a loose monetary policy by releasing money into the system. C) The Fed refused to enact a tight monetary policy by tightening the monetary policy to stop inflation. D) The Fed called in all the gold reserves in order to keep the Federal Government running during the crisis.
History
2 answers:
Setler79 [48]2 years ago
8 0

Answer:

B) The Fed refused to enact a loose monetary policy by releasing money into the system.

Explanation:

The Federal Reserve System in general had no arrangement set up in the two months paving the way to the national banking holiday. Moreover, Wicker noticed that the absence of understanding among the twelve Reserve Bank governors on a procedure added to the need to suspend payments.

Wicker additionally proposed that, instead of the RFC having  lender-of-last-resort responsibilities, the Fed could have offered help to harried banks whose failure would make dread and uncertainty spread.

lianna [129]2 years ago
4 0

The correct answer is B) The Fed refused to enact a loose monetary policy by releasing money into the system.

What the Federal Reserve refused to do in order to keep a run on the banks from causing a failure of the US banking system was "The Fed refused to enact a loose monetary policy by releasing money into the system."

In the United States, the Federal Reserve acts as the central bank of the country.  The also called Fed oversees the banking operations and controls inflation to maintain stable prices. Another important function of the Fed is that it regulates the banks of the country and works hard to maintain the stability of the financial markets in order to avoid another crash such as the stock market crash that provoked the Great Depression of 1929. With a good monetary policy in the United States, the nation's economy can constantly grow.

You might be interested in
Who elects the <br> senators
Blizzard [7]

Answer: The Senate of the United States shall be composed of two Senators from each State, elected by the people thereof

Explanation: each Senator shall have one vote. The electors in each State shall have the qualifications requisite for electors of the most numerous branch of the State legislatures.

7 0
2 years ago
Read 2 more answers
Can you please help me
ladessa [460]

Answer: Beginning with the tax system you could it that they should and should no rise and lower the cost of taxes because when you pay too much taxes the environment gets a lot more benefits but you waste too much money to.but if the prices get lower the environment suffers from that choice so it a hard decision. Hope this helped you out

Explanation:

8 0
3 years ago
What does the declaration say the colonist are "absolved" from?
alisha [4.7K]
The Declaration of Independence says that the American colonists are absolved from all ties and allegiances to the British Crown, since they argue the British have acted tyrannically. <span />
4 0
3 years ago
Based on the map, which is most likely correct
Lesechka [4]

Answer:

Explanation:

b

8 0
3 years ago
Define absolute monarchy
ratelena [41]
An absolute monarchy is a form of monarchy in which the monarch (king or queen) holds absolute power over their kingdom. They have no limits over how they rule, meaning that they are not restricted by any written laws, customs or legislature.
8 0
3 years ago
Other questions:
  • Who created the first civilization in Greece
    9·1 answer
  • Why did policymakers in the Johnson administration want to continue U.S. involvement in Vietnam?
    14·1 answer
  • Besides cultivating liberty gardens, how did American women contribute to the United States' war efforts?
    5·2 answers
  • Why is james madison known as the “father of the constitution”??
    12·2 answers
  • Jefferson's more liberal view of expanding rights for all Americans was most favored by what region of the country
    5·2 answers
  • The Appalachian Mountains are the tallest mountains in the u.s. true or false
    9·1 answer
  • When was the Mona Lisa painted?
    12·1 answer
  • Under feudalism, which group was responsible for ruling different regions of a country?
    5·1 answer
  • Which two things combined to create a “car culture” in the United States in the 1950s?
    5·2 answers
  • Can anyone help me fast<br>​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!