Opponents of the First Bank of the U.S. argued that the bank
A) was unconstitutional.
B) created a "money monopoly."
C) favored northern manufacturing more than southern agriculture.
D) opened the U.S. monetary system to foreign control.
E) All of the above.
Correct Answer:
Verified
Q1: Alexander Hamilton argued for a "National Bank"
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
Q6: State bank notes usually had a face
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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