State bank notes usually had a face value that was ______ their market value, while the notes of the First Bank of the U.S. usually had a face value that was ______ their market value.
A) greater than; less than
B) less than; greater than
C) equal to; less than
D) greater than; equal to
Correct Answer:
Verified
Q1: Alexander Hamilton argued for a "National Bank"
Q2: Opponents of the First Bank of the
Q3: All of the following means were used
Q4: Gresham 's Law
A) applies only to bimetalism
Q5: Under the bimetallic standard of the 19th
Q7: The dollar volume of state-bank notes received
Q8: In his Report on a National Bank
Q9: The Bank of the United States did
Q10: According to Gresham's Law,
A) inflation and unemployment
Q11: In 1790, there were only three banks
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