Solved

Wall Street Bankers Opposed the Second Bank of the United

Question 26

Multiple Choice

Wall Street bankers opposed the Second Bank of the United States. Their opposition was based on the idea that the Second Bank


A) lent too freely to the federal government.
B) followed a monetary policy that favored stable prices even at the cost of a slower growing economy.
C) followed a monetary policy that kept interest rates too high.
D) favored Philadelphia because that was where the head office of the bank was located.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents