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99
What were the five perceived problems with the Dual banking system? (don't explain)
1. No centralized control
2. Little ability to regulate money supply
3. Uneven distribution of banks/bank notes
4. Susceptibility to panics & runs
5. No Macroeconomic policy
2. Little ability to regulate money supply
3. Uneven distribution of banks/bank notes
4. Susceptibility to panics & runs
5. No Macroeconomic policy
Flashcard info:
Author: savhighsmith
Main topic: Economics
Topic: History of Economics
School / Univ.: UGA
City: Athens
Published: 12.10.2010