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Question 2 (4 points) Bank panics in 1819, 1837, 1857, 1873, 1884, 1893, and 1907 convinced many that both A and B of the above.

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Question 2 (4 points) Bank panics in 1819, 1837, 1857, 1873, 1884, 1893, and 1907 convinced many that both A and B of the above. a central bank was needed to prevent future financial panics. the Federal Reserve needed greater authority to deal with problem banks. the Federal Reserve needed greater control over the banking system

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