According to Hamilton, which part of the Constitution allowed Congress to set up a national bank? A:A. the Full Faith and Credit ClauseB:B. the Elastic ClauseC:C. the Establishment ClauseD:D. the Due Process Clause

Why did Hamilton want to establish a national bank? A:A. to help the government collect taxesB:B. to give the nation a stable currencyC:C. to expand businesses by making loansD:D. all of the above

Many Americans opposed Hamilton's proposal to have the national government assume debts owed by the states because:most congressmen did not want speculators to gain profits from the schemethe Republicans feared that the national government would get too bureaucraticstates that had already paid a large proportion of their debt would have to help pay the debts of other statesall of the aboveNEXT QUESTION

Which of the following was immediately passed by Congress when the Southern states seceded?National Bank ActLegal Tender ActHomestead billCivil Rights Act

Question 18Tips1 ptsWhich clause arises from the 14th Amendment?Group of answer choicesThe supremacy clauseThe due process clauseThe commerce clauseThe necessary and proper clauseThe elastic clause

Why was the Federal Reserve created?A.To manage the fiscal policy of the United StatesB.To eliminate the need for smaller state banksC.To allow states to control the types of currency they useD.To help stabilize the U.S. banking system