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Question
Before 1863,
A) federally-chartered banks had regulatory advantages not granted to state-chartered banks.
B) the number of federally-chartered banks grew at a much faster rate than at any other time since the end of the Civil War.
C) banks acquired funds by issuing bank notes.
D) banks were required to maintain 100% of their deposits as reserves.
Answer
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Related questions
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The National Bank Act of 1863, and subsequent amendments to it,
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The Second Bank of the United States was denied a new charter by
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