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In the 1820s,under Nicholas Biddle,the Bank of the United States

Question 14

Multiple Choice

In the 1820s,under Nicholas Biddle,the Bank of the United States


A) was financially sound and profitable.
B) exercised little influence on state banks.
C) restricted credit to growing enterprises.
D) prohibited the existence of state banks.
E) had to borrow credit from state banks to stay afloat.

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