Author Question: Which of the following laws increased competition among financial institutions and gave the Fed ... (Read 111 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?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

For a complete list of videos, visit our video library