5. Select the consequences of Jackson closing the National Bank. Choose 2 (2 points) states printed too much money and loaned too much money Paper money became more reliable state banks did not have the gold and silver to back their loans state banks stopped loaning money The economy became more stable.

Answer 1

The two consequences of Jackson closing the National Bank are:

1. States printed too much money and loaned too much money.
2. State banks did not have the gold and silver to back their loans.