Author Question: Which of the following was a major outcome of the Banking Act of 1933? A) It established the Federal ... (Read 36 times)

Evvie72

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Which of the following was a major outcome of the Banking Act of 1933?
 A) It established the Federal Reserve as the central bank in the U.S.
  B) It banned commercial banks from competing with non-depository institutions.
  C) It prohibited fraud in the sale of newly issued stocks and bonds.
  D) It created the Securities and Exchange Commission to oversee the securities industry.

Question 2

Service industries make up about 48 percent of all small businesses.
 
 Indicate whether the statement is true or false



joanwhite

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Answer to Question 1

B

Answer to Question 2

True



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