What did the federal reserve refuse to do in order to keep a run on the banks from causing a failure of the us banking system? a) the fed refused to act and ignored the situation completely. b) the fed refused to enact a loose monetary policy by releasing money into the system. c) the fed refused to enact a tight monetary policy by tightening the monetary policy to stop inflation. d) the fed called in all the gold reserves in order to keep the federal government running during the crisis.
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What did the federal reserve refuse to do in order to keep a run on the banks from causing a failure...
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