Between 1930 and 1933, many banks in the U.S. failed because:
a. the FDIC moved too slowly to prevent the bank failures.
b. most bankers were either corrupt or incompetent.
c. of excessive regulation by the federal government.
d. people shifted their funds to take advantage of rising stock market prices.
e. people lost confidence in them.
Question 2
Between 1959 and 2003, the average annual growth rate of real GDP per capita in the United States was about _____.
a. 0.1 percent per year
b. 2.2 percent per year
c. 6.7 percent per year
d. 9.3 percent per year
e. 15 percent per year
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