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OpenStudy (anonymous):
the RFC lent money to banks so that A. Depositors could withdraw all of their savings B. investors could engage in more stock speculations C. Banks could lend money to business to hire workers and increase production
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OpenStudy (anonymous):
"The immediate aim was to restore confidence in financial institutions generally and encourage them to start lending again" -wikipedia not A, that was the problem that started the RFC. and i didnt see any mention of stocks, so my guess would be C.
OpenStudy (anonymous):
Thank you so much
OpenStudy (anonymous):
anytime :)
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