Final answer:
False, The statement concerning the Panic of 1819 is false as it decreased rather than increased faith in the Second Bank of the United States. The statement regarding the necessary and proper clause is also false since it expanded, not limited, the powers of the national government.
Step-by-step explanation:
The statement that the Panic of 1819 increased the American people's faith in the Second Bank of the United States is false. The Panic of 1819 was the first major financial crisis in the United States, which had a detrimental effect on the economy.
It led to widespread foreclosures, bank failures, unemployment, and a slump in agriculture and manufacturing. Far from increasing faith in the Second Bank, the Panic damaged the reputation of the Bank. Many Americans blamed the Second Bank for causing the Panic due to its tightening of credit to control inflation, which had the effect of undermining local banks and the availability of loans to the public.
In contrast, the statement concerning the necessary and proper clause is also false. The necessary and proper clause, sometimes known as the elastic clause, is part of Article I, Section 8 of the U.S. Constitution. It has the effect of expanding the power of the national government rather than limiting it because it grants Congress the flexibility to pass laws deemed necessary and proper for carrying out its enumerated powers.
Over time, this clause has been used to justify the existence of many federal laws and programs not explicitly mentioned in the Constitution.