Final answer:
The Panic of 1819 led to decreased faith in the Second Bank of the United States, making the statement false. Without specific options, it's unclear which financial market changes would lead to more loans. The necessary and proper clause has expanded, not limited, the national government's power.
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. In fact, the Panic of 1819 led to widespread distrust of the Second Bank due to its tightening of credit in an attempt to control inflation, which contributed to economic hardships. Many Americans felt that the bank had failed to stabilize the currency and blamed it for the financial crisis. The Panic of 1819 stands as a significant event in American financial history that weakened the public’s confidence in the banking system.
Regarding the question on changes in the financial market, there are multiple factors that could lead to an increase in the quantity of loans made and received, such as lower interest rates, deregulation, or increased consumer confidence; however, without the provided options 'a' and 'b', a definitive answer cannot be given.
In terms of Exercise 9.3.1, it is false that the necessary and proper clause has had the effect of limiting the power of the national government. On the contrary, this clause, also known as the elastic clause, has allowed Congress to stretch its powers to meet new needs, thereby expanding the power of the national government over time.