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What did Franklin Roosevelt declare a bank holiday in March 1933? Group of answer choices The government was running out of gold to support the

What did Franklin Roosevelt declare a bank holiday in March 1933? Group of answer choices The government was running out of gold to support the gold standard. To give the government time to check and certify to the public that banks that reopened were in good financial shape. He thought the banks were causing the Great Depression, so if we closed the banks, the Great Depression would end. Bankers had been working so hard he thought they needed a vacation.What monetary policy rule does Scott Sumner, one of the leading current market monetarists propose for the Fed to follow now? Group of answer choices Increase the money supply by whatever is necessary to make prices stay constant. Banks should be allowed to make their own private money, which would then be legal money. Increase the money supply by whatever is necessary to make aggregate demand or MxV grow by 5% a year. Make money be backed by government held gold

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