Author Question: What was not one of the primary reasons why people opposed the First and Second Banks of the United ... (Read 47 times)

jhjkgdfhk · **on:** Jun 30, 2018

What was not one of the primary reasons why people opposed the First and Second Banks of the United States?
a. They printed too much money and triggered a substantial inflation.
b. They had monopoly control over some banking activities.
c. They were unconstitutional.
d. They did not provide sufficiently generous lending policies.

Question 2

The economic boom of the 1990s:
a. ended with a recession that lasted from early 2000 to the 2nd quarter of 2002.
b. ended with the financial crash of 2001, with unemployment reaching 7.5.
c. ended with the stock market and real investment tumbling, and unemployment near 9
d. Both a and b are correct.
e. None of the above are correct.

KKcool · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

a. They printed too much money and triggered a substantial inflation.

Answer to Question 2

e. None of the above are correct.