The public's fear of centralized power and distrust of moneyed interests led to the demise of the first two experiments in central banking, otherwise known as
A) the First Bank of the United States and the Second Bank of the United States.
B) the First Bank of the United States and the Central Bank of the United States.
C) the First Central Bank of the United States and the Second Central Bank of the United States.
D) the First Bank of North America and the Second Bank of North America.
A
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Which of the following types of unemployment can the classical model not explain?
a. Structural unemployment b. Cyclical unemployment c. Seasonal unemployment d. Frictional unemployment e. Temporary unemployment
Which of the following statements about state lotteries is false?
A. State lotteries are monopolies, with competing private lotteries banned B. State lotteries are highly controversial, with critics and defenders still debating their merits C. Less than half of the states in the U.S. have state lotteries because of their controversial nature D. The payout rates of state lotteries are substantially lower than in private betting operations like casinos