________ Was Most Responsible for the Creation of the Bank

question 19

Multiple Choice

________ was most responsible for the creation of the Bank of the United States.

• A) Thomas Jefferson
• B) James Madison
• C) John Adams
• D) Alexander Hamilton
• E) Benjamin Franklin

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Definitions:

National Income

The total money earned within a country from economic activities in a specific period, typically a year.

Profits

The financial gain realized when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the operation.

Economic Rents

Earnings in excess of the minimum amount required to keep a resource in its current use, often due to scarcity or monopolistic control.

Accrue

The accumulation or increase of something over time, especially payments or benefits.