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


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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

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

_______ 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

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

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

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

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

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

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

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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