Question

Select the consequences of Jackson closing the National Bank. Choose 2 (2 points)

© state banks did not have the gold and silver to back their loans
Paper money became more reliable
The economy became more stable
state banks stopped loaning money
states printed too much money and loaned toltmuch money

Choose two

Answer 1

[AI-generated answer — Bot GPT 3.5]

© state banks did not have the gold and silver to back their loans

states printed too much money and loaned too much money