Unit 6-6 Gold And Silver 2 Question Preview (ID: 51615)


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If you have lots of_______ in circulation its actual value goes down.
a) Intelligents
b) Aggression
c) Generosity
d) Fiat Money

According to the video, the frog nation has less money therefore_______ exist.
a) Poverty
b) Deflation
c) Inflation
d) Elation

In the toad nation, the supply of money is_______so the price or value goes_______ .
a) High, High
b) Low, High
c) High, Low
d) Low, Low

In the_______ nation access to money is easier but worthless than the other nation.
a) Tadpole
b) Toad
c) Frog
d) Grasshopper

The_______ nation favors the rich.
a) Tadpole
b) Frog
c) Grasshopper
d) Toad

According to the video instructor, the Great Economic Depression was caused by_______ .
a) Deflation
b) Inflation
c) Railroads
d) Wealthy People

The video instructor utilizes the story of_______ to describe the balance between inflation and deflation that the government tries to maintain in the US economy.
a) Robinhood
b) Peter Pan
c) Humpty Dumpty
d) Goldie Locks

_______ Is rare and_______ is not as rare therefore its price is reasonable.
a) Gas/Oil
b) Silver/Platinum
c) Gold/Silver
d) Fiat Money/Gold

The_______ believed that printing more money would end the economic panics that were occurring.
a) Democrats
b) Populist
c) Republicans
d) Frogs

The effect of utilizing more silver is that_______ .
a) Value of money goes up
b) Less access to money
c) Value of money goes down
d) It stays rare and high

The term_______ refers to utilizing silver as well as gold to back money.
a) Free Silver
b) Free Gold
c) Free the People
d) Release the Dimes

A hundred dollars backed by gold is worth_______ than the hundred dollars by gold and silver.
a) Same
b) Less
c) More
d) Nothing

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