Which of the following statements about American currency and banking in this era is FALSE?
A) Vast quantities of varying bank notes created confusion over currency.
B) Congress chartered a second Bank of the United States in 1816.
C) Counterfeiting was a serious problem.
D) The national bank forbade state banks from issuing their own notes.
E) The second Bank of the United States had more capital than its predecessor.
Correct Answer:
Verified
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