The Second Bank of the United States lost its charter, in part, because Andrew Jackson effectively argued to the voting members of Congress that the "central" bank was a monopoly and largely influenced by the corrupt and fraudulent behavior of a

wealthy minority and foreign investors. Indicate whether the statement is true or false

True

Economics

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If firms were teams then there would be a problem of

A) free-riding. B) spontaneous order. C) market-based management. D) internal externalities.

Economics

If the actual rate of unemployment is above the natural rate of unemployment, then ________.

A. structural unemployment is less than zero B. the economy is in an expansion C. the economy is in a recession D. frictional unemployment is less than zero

Economics