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Author Question: The National Banking Act of 1863, did which of the following? (a) Permitted interstate branch ... (Read 113 times)

JGIBBSON

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on: Jun 30, 2018
The National Banking Act of 1863, did which of the following?
 
  (a) Permitted interstate branch banking
  (b) Created one national central bank in the U.S.
  (c) Created federally chartered national banks restricted to conducting businesses
  within a designated state.
  (d) Created federally chartered national banks open to conducting businesses
  across states.

Question 2

Economic institutions like the Federal Reserve System of 1914 created by legislation are designed to:
 
  (a) Only achieve economic goals
  (b) Garner votes
  (c) Satisfy the well organized interests of
  special groups
  (d) All of the above


Perkypinki

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Reply #1 on: Jun 30, 2018
Answer to Question 1

(c)

Answer to Question 2

(d)


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