Under the Separate but Equal Doctrine in the 1920s and 1930s

question 63

Multiple Choice

Under the separate but equal doctrine in the 1920s and 1930s, the amount of money Texas spent on black students was ________ the amount spent on white students in public schools.

• A) the same as
• B) much higher than
• C) lower than
• D) rapidly catching up to

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Definitions:

Inflation Expectations

The rate at which consumers, businesses, and investors expect prices to rise in the future.

Phillips Curve

A macroeconomic theory that suggests unemployment and inflation have a stable and inverse relationship, indicating trade-offs short-term policy-making.

Disinflation

A reduction in the rate of inflation, indicating a slowdown in the rate at which prices are rising.

Money Supply Growth

The rate at which the total amount of money available in an economy changes over a specific period of time.