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The Federal Government Has Been Enabled to Establish a National

Question 15

Multiple Choice

The federal government has been enabled to establish a national banking system and the Federal Reserve System because of:


A) the Article I,Section 8,constitutional grants to Congress of the power to borrow money on the credit of the United States and the power to coin money.
B) powers derived from the Commerce Clause.
C) delegation by the state governments of some of their enumerated powers.
D) the Contract Clause contained in Article I,Section 10 of the Constitution.
E) Both (a) and (b) .

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