The report of the 1911 National Monetary Commission (a) advocated a t
The report of the 1911 National Monetary Commission
(a) advocated a turn to bimetallism.
(b) advocated unification of the state and national banking systems.
(c) advocated centralized reserve associations which would coordinate
commercial banking processes such as check clearing.
(d) advocated a unified central bank modeled after the Bank of England.
ANSWER
(c)
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