In the Free Banking Era (the period of no central bank), (a) ...

[Brittanyd9008]

In the Free Banking Era (the period of no central bank),
 
  (a) anyone could form a bank if they met the requirements.
  (b) banks were required to offer free financial services.
  (c) the federal government rescinded its tax on bank notes.
  (d) states rescinded their taxes on bank notes.

Question 2

In the classical model, less consumption and more savings would
 
  a. increase aggregate supply and output.
  b. reduces aggregate demand and output..
  c. decrease real interest rates and output.
  d. cause the price level to rise with no effect on output.
  e. have no effect on output or the price level.

[carolinefletcherr]

Answer to Question 1

(a)

Answer to Question 2

A

[Brittanyd9008]

Gracias!

[elyse44]

Excellent