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During Its Years of Existence,the Second Bank of the United

Question 6

Multiple Choice

During its years of existence,the second Bank of the United States


A) was the depository of the funds of the national government.
B) contributed to inflation by issuing excessive federal bank notes.
C) limited economic growth by restricting credit and maintaining high interest rates.
D) served as the chartering agency for state and local banks.
E) invested most of its funds in Wall Street stocks and bonds.

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