How did the federal reserve system hold up during the great depression?
a. the banks in the frs coordinated their actions, so the country was able to avoid economic chaos
b. the members of the frs created a central bank to fund and manage government spending, which further hurt the economy
c. the frs did not work well because the 12 regional banks each acted independently
d. the frs revised its monetary policy so that only the president could set the national discount rate, providing relief to banks

i am not sure between b and c

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget.the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead.a total of 119,300 units, using 478,000 direct labor hours, were produced during the year.actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.