QUESTION 1 The opportunity cost of holding money is O the price level. the interest rate. the level of income. the discount rate. QUESTION 2 What did Gramm-Leach-Bliley Act do? Repealed the Glass-Steagall Act Restricted banks from engaging in both investment banking and commercial banking activities O Repealed the McFadden Act Restricted banks from branching across state lines QUESTION 3 Andrew Jackson destroyed the Second Bank of the United States by O Creating a tax on state banking notes which put them out of business O Creating a new regulatory agency which deemed the bank unstable and revoked their charter. O Taking the US Deposits stored at the Second Bank and placing them in 23 state banks around the country O Taking away their banking license