Unit 6-6 Gold And Silver (4) Question Preview (ID: 51613)


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The government printing more money___________ the wealthy.
a) Helps
b) Hurts
c) Does not bother
d) Assist

According to the video instructor, the wealthy during the 1893 panic would______________________ .
a) Like to see monetary changes in gold standard
b) Would not be in favor of monetary changes to gold standard
c) Would not care about the gold standard
d) Be in favor of the government printing more money.

___________ Is known as the dismal science.
a) Biology
b) Economics
c) Social Studies
d) Civics

___________ Stated “There are no solutions only tradeoffs”.
a) Thomas Jefferson
b) George Washington
c) John Maynard Keynes
d) Thomas Sowell

The shrinking of the money supply is called___________ .
a) Flattening
b) Pen bursting
c) Deflation
d) Inflation

Bank benefit from___________ more than______________________ .
a) Inflation/Deflation
b) Deflation/Inflation
c) Coins/Dollars
d) Dollars/Coins

When the government mismanaged the money supply was not controlled correctly it caused___________ .
a) The Great Depression
b) Havoc
c) Elation
d) Mental illness

According to the video instructor,______________________created the economic problems of this era.
a) The Populist
b) The Wealthy
c) The US Government
d) The African Americans

The money in circulation in the US economy is considered______________________ money.
a) Coin
b) Fiat
c) Silver
d) Fake

According to the video instructor, the___________ standard was better to lessen governmental control.
a) Gold
b) Silver
c) Platinum
d) Titanum

___________ Was the elected president that supported the gold standard.
a) Garfield
b) Jackson
c) Jefferson
d) Mckinley

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