What was the long-term effect of the Federal Reserve actions?

A) election of Franklin D. Roosevelt

B) total collapse of the banking industry

C) high unemployment and low inflation

D) slow down of the economy and high unemployment

Question

Dominick Gentry

4 August, 02:37

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Joanna Walsh · Answer 1

D

The economy slowed during the great depression

What was the long-term effect of the Federal Reserve actions?A) election of Franklin D. RooseveltB) total collapse of the banking industryC) high unemployment and low inflationD) slow down of the economy and high unemployment