Alexander Hamilton argued for a National Bank that would
a. provide the increased money supply necessary to accommodate increased business activity.
b. lend money to the U.S. Treasury.
c. serve as fiscal agent for the U.S. government.
d. serve as a tax collection agency for the U.S. government.
e. All of the above.
Question 2
Fiscal and monetary policies adopted by the Carter administration in the first half of his term resulted in:
a. stable prices and low unemployment.
b. deflation.
c. a rapid rise in the inflation rate.
d. a balanced federal budget.