Unlike the Federal Reserve Bank of today, the First and Second Banks
(a) could create corporations by special franchise.
(b) were generally supported by the rest of the banking community.
(c) were direct competitors with private business.
(d) provided a federal safety fund in times of well banking crisis.
(c)
Economics
You might also like to view...
Which of the following is an example of government influence on supply?
a) law of supply b) subsides c) marginal costs d) market supply curve
Economics
Total fixed cost
a. increases as output increases. b. declines as output increases. c. is always zero. d. remains constant even if the firm shuts down.
Economics