Multiple Choice
Which of the following statements about American currency and banking in this era is FALSE?
A) Counterfeiting was a serious problem.
B) The national bank forbade state banks from issuing their own notes.
C) Congress re-chartered the Bank of the United States in 1816.
D) Vast quantities of varying bank notes created confusion over currency.
E) The second Bank of the United States had more capital than its predecessor.
Correct Answer:
Verified
Correct Answer:
Verified
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