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History of the US Banking System
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Problem 10
History of the US Banking System
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18. The Monetary System / History of the US Banking System / Problem 4
Problem 4
Which of the following best evaluates the impact of plunging commodity prices on the banking system during the Great Depression?
A
Commodity prices had no significant impact on the banking system.
B
Plunging commodity prices led to bank runs, exacerbating the economic downturn.
C
Plunging commodity prices led to increased bank profits.
D
The banking system was unaffected by changes in commodity prices.
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