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Reptor Reptor
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6 years ago
Which of the following did NOT significantly exacerbate the banking crisis of the early 1930s?
A) the Fed's decision not to make loans to insolvent banks
B) the large number of small, poorly diversified banks
C) the large number of rural banks that held agricultural loans during a time of falling commodity prices
D) the large amount of fraud carried out by bank managers
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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vehmeinvehmein
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6 years ago
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