US Prints Vast New Line of Currency

The US government addresses its banking crisis by printing more currency, producing two billion paper dollars. This move, led by President Roosevelt, involves inflation, which is no longer feared. Mr. Woodin, the new Secretary of the Treasury, oversees the process. The Bureau of Engraving and Printing is praised for its efficiency in handling the crisis, achieving a production rate of six million notes every 24 hours.

How much currency is the U.S. government printing to address its banking problem?

• Three billion paper dollars

• Two billion paper dollars

• One billion paper dollars

• Four billion paper dollars

What is the equivalent of the printed currency in sterling?

• 500 million

• 800 million

• 600 million

• 700 million

What economic strategy has President Roosevelt adopted to address the crisis?

• Deflation

• Stagnation

• Inflation

• Recession

Who is Mr. Woodin in the context of the U.S. government's response to the banking crisis?

• The President

• The Secretary of State

• The Secretary of the Treasury

• The Vice President

How many notes can the Bureau of Engraving and Printing deliver every 24 hours?

• Four million

• Five million

• Six million

• Seven million