Immediately after taking office,President Roosevelt responded to the banking crisis by
A) restoring the gold standard to guarantee the soundness of American currency.
B) reassuring Americans that all their banking deposits were safe.
C) providing major federal loans to the largest and soundest banks.
D) establishing a new Bank of the United States to guarantee deposits.
E) closing all American banks for a week, while reorganizing them on a sounder basis.
Correct Answer:
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