5. what did supporters believe a national bank would do for the united states? it would reduce uncertainty…

5. what did supporters believe a national bank would do for the united states? it would reduce uncertainty about the value of money. it would enable state and private banks to print their own money. it would reduce the economy’s reliance on gold. it would counter the negative effects of tariffs.

5. what did supporters believe a national bank would do for the united states? it would reduce uncertainty about the value of money. it would enable state and private banks to print their own money. it would reduce the economy’s reliance on gold. it would counter the negative effects of tariffs.

Answer

Brief Explanations:

Supporters of a national bank believed it would bring stability to the currency. A national bank could standardize the money - supply and reduce the uncertainty about the value of money that was prevalent with a fragmented banking system. State and private banks printing their own money was a problem that a national bank aimed to address, not enable. There is no historical evidence that supporters thought it would reduce reliance on gold or counter tariff effects.

Answer:

It would reduce uncertainty about the value of money.