Opponents of the First Bank of the U.S. argued that the bank
a. was unconstitutional.
b. created a money monopoly..
c. favored northern manufacturing more than southern agriculture.
d. opened the U.S. monetary system to foreign control.
e. All of the above.
Question 2
In the early 1980s, many people found themselves unable to purchase new homes because of:
a. rising prices and interest rates.
b. rising prices and falling interest rates.
c. new government restrictions on mortgages for first-time buyers.
d. increases in income tax rates.
Example of Reconciling a Bank Statement
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