Which of the following is not a goal of monetary policy?

• Promote the increase of printed paper currency
• Promote maximum stable employment
• Prevent deflation of the currency
• Prevent destruction of the currency's value

Which of the following was an advantage associated with the free banking system in place in the United States during the 19th century prior to the development of the Central Bank?

• If a bank in one city went bankrupt, people in other cities would not hear about it for several weeks.
• Currency traders could make a living trading currency between cities.
• Individuals had difficulty judging the value of a note printed by an unknown bank.
• The banking system created a very stable form of currency.