The Dixiecrats

question 81

Multiple Choice

The Dixiecrats:

• A) opposed segregation in the South.
• B) opposed desegregation in the South.
• C) dominated the Democratic Party in 1948.
• D) were led by Hubert Humphrey.
• E) supported Harry Truman in 1948.

---

Definitions:

Aggregate Supply

The total supply of goods and services that firms in an economy are willing and able to produce at different price levels during a specific time period.

Automatic Stabilizers

Changes in fiscal policy that stimulate aggregate demand when the economy goes into a recession without policymakers having to take any deliberate action

Budget Deficit

A situation where a government's expenditures exceed its revenues over a specific period of time.

Federal Reserve

The central bank of the United States, responsible for implementing monetary policy, supervising financial institutions, and providing services like clearing checks and distributing currency.