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the Glass-Steagall Act passed by Congress in 1933
A)regulated the glass industry
B)created the Federal Reserve System
C)prohibited commercial banks from underwriting stocks and bonds
D)requires banks to purchase stocks

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The right answer for the question that is being asked and shown above is that: "C)prohibited commercial banks from underwriting stocks and bonds." The Glass-Steagall Act passed by Congress in 1933 C)prohibited commercial banks from underwriting stocks and bonds

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