Examlex
Which of the following statements is true?
National Bank
A financial institution chartered by the federal government, with the powers to issue currency and regulate the money supply.
Establish
To set up, found, or create an organization, system, or set of rules.
Dual Federalism
A political arrangement in which power is divided between the federal and state governments in clearly defined terms, with state governments exercising those powers accorded to them without interference from the federal government.
Federal Government
The national government of a federated state, which shares sovereignty with the constituent states or provinces and possesses certain powers delegated to it by a constitution.
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