Author Question: In 1790, there were only three banks in the U.S. By 1811, there were 88 . Most of these new banks ... (Read 22 times)

SGallaher96

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In 1790, there were only three banks in the U.S. By 1811, there were 88 . Most of these new banks were:
 a. created and operated by the federal government.
  b. created and operated by state and local governments.
  c. private-sector, state-chartered banks.
  d. branches of banks with English charters.

Question 2

Beginning in 1971, the Nixon administration enacted a series of price controls in hopes of reducing inflation. The first of these, known as Phase I,
 a. consisted of a price freeze.
  b. imposed a ceiling price on meat, but left other prices unregulated.
  c. froze wages, but left other prices unregulated.
  d. applied only to oil prices.



Dinolord

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Answer to Question 1

c. private-sector, state-chartered banks.

Answer to Question 2

a. consisted of a price freeze.



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