Author Question: Which of the following was a major outcome of the Banking Act of 1933? A) It established the Federal ... (Read 39 times)

Evvie72

  • Hero Member
  • *****
  • Posts: 519
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

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

B

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library