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20 Which of the following is the reason the United States had been opposed to the idea of central banks in the past? It was
20 Which of the following is the reason the United States had been opposed to the idea of central banks in the past?
- It was easier to make money trading currency using the old banking methods.
- The value of currency was uncertain.
- The risk of runs and panics was still too high.
- The British central bank had exerted control over the colonies.
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