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The National Monetary Commission was created to study the US banking system and make recommendations. What two recommendations did it suggest?
1) Create a A (2 words) to hold bank reserves and act as B (4 words).
2) The Central bank should serve as fiscal agent for the C (1-2 words).
1) Create a A (2 words) to hold bank reserves and act as B (4 words).
2) The Central bank should serve as fiscal agent for the C (1-2 words).
A. central bank
B. lender of last resort
C. Federal government
B. lender of last resort
C. Federal government
Karteninfo:
Autor: savhighsmith
Oberthema: Economics
Thema: History of Economics
Schule / Uni: UGA
Ort: Athens
Veröffentlicht: 12.10.2010