After the stock market crash, what happened to america’s banking sector?
a. it profited...
After the stock market crash, what happened to america’s banking sector?
a. it profited as the federal reserve limited the money supply.
b. it thrived as people transferred stock profits into savings accounts.
c. it went broke as a result of lending to investors recovering from the crash.
d. it collapsed as frightened depositors raced to withdraw their money.
Answers: 2
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