Author Question: Which of the following laws increased competition among financial institutions and gave the Fed ... (Read 102 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
Which of the following laws increased competition among financial institutions and gave the Fed greater control over nonmember banks?
 a. The Federal Reserve Act.
  b. The Equal Credit Opportunity Act.
  c. The Monetary Control Act.
  d. The Thrift Bailout Bill.

Question 2

Adam Smith argued that government should actively intervene in market to improve economic performance.
 a. True
  b. False
  Indicate whether the statement is true or false



guyanai

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

c

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

For a complete list of videos, visit our video library