What occurred during the Free Banking Era?
a. Currency varied widely from state to state.
b. Repaying of loans was not closely monitored.
c. The Second Bank of the United States was established.
d. The dollar bill was introduced.
Answer: a. Currency varied widely from state to state.
Economics
You might also like to view...
Capital gains are
A. The amount of corporate profit paid out for each share of stock. B. An increase in the market value of an asset. C. Profits used for investment in new plants and equipment. D. The only motive for purchasing stock.
Economics
Increased opportunities for trade increase production by
A. Protecting countries from competition. B. Shifting the production possibilities curve outward. C. Encouraging countries to be self-sufficient. D. Improving efficiency through specialization.
Economics