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Related Lesson
Peel’s Act of 1844 and the Currency School
Knowledge Check
Knowledge Check
Question 1 of 2
The Bank Charter Act of 1844:
a.
granted exclusive note-issuing powers to the Bank of England
b.
required 100% gold reserves for new notes
c.
both a. and b.
Check Answer
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Course
Great Economists: Classical Economics and Its Forerunners
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