Question

What did the Emergency Banking Act allow the government to do? (4 points)
Select one:
a. to insure customers' deposits up to $5,000
b. to reorganize and reopen banks with enough money to operate
c. to hire workers to staff deserted banks and financial institutions
d. to borrow money so that it could spend more than it took in

Answer 1

The Emergency Banking Act served the purpose of allowing the government to take over banks in the United States and find out exactly how well all the banks were doing. Afterward the government set up the FDIC to ensure people's money up to $5,000. [ask]

Answer 2

So I believe B

Answer 3

how sure are you

Answer 4

almost 100% :}

Answer 5

are

Answer 6

u actually really good in history

Answer 7

~decent , depends what it is :}

Answer 8

do you take online schooling?

Answer 9

yup

Answer 10

what school

Answer 11

yea

Answer 12

B was correct :D

Answer 13

B is correct