In 1790, there were only three banks in the U.S. By 1811, there were 88 . Most of these new banks were:
a. created and operated by the federal government.
b. created and operated by state and local governments.
c. private-sector, state-chartered banks.
d. branches of banks with English charters.
c. private-sector, state-chartered banks.
Economics
You might also like to view...
The above figure shows the market for pizza. Which figure shows the effect of a decrease in the price of a hamburger, which for consumers is a substitute for pizza?
A) Figure A B) Figure B C) Figure D D) Figures B and C
Economics
Over the past thirty years in the U.S., increases in labor demand have been __________ than increases in labor supply so that wages on average have __________
a. smaller; increased b. larger; increased c. smaller; decreased d. larger; decreased e. larger; stayed constant
Economics