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What economic problem ensued after the First National Bank's charter expired in 1811?

A. staggering inflation

B. staggering deflation

C. the demand for goods far exceeded supply

D. the supply of goods far exceeded demand



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Respuesta :

Answer:

A. staggering inflation

Explanation:

Second of the United States

This established in 1816 after the first national bank's charter expired. It stabilized the economy by creating a sound national currency, by making loans to farmers, small manufacturers, and entrepreneurs, and by regulating the ability of state banks to issue their own paper currency.

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