In the First Half of the Nineteenth Century,paper Money

Multiple Choice

In the first half of the nineteenth century,paper money:

A) could be issued only by the Second Bank of the United States.
B) was illegal.
C) promised to pay the bearer on demand a specific amount of gold or silver.
D) never changed its value because of U.S.government guarantees.
E) never exceeded the amount of money that the bank printing it held in its vault.