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Recall Application 1, "City-Issued Money in the Great Depression," to Answer

Question 105

Multiple Choice

Recall Application 1, "City-Issued Money in the Great Depression," to answer the following questions:
-According to the application, why were the cities forced to issue their own currency during the Great Depression?


A) There was a shortage of currency as a result of bank failures.
B) Most of the US currency and banknotes were used by the government in anticipation of World War II.
C) Congress did not allow the Federal Reserve to print any more money.
D) US dollar notes were burned by angry Americans.

Correct Answer:

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