Which of the Following Is True of the Bland-Allison Act

question 24

Multiple Choice

Which of the following is true of the Bland-Allison Act and the Sherman Silver Purchase Act?

• A) By putting more money into circulation, they laid to rest demands for inflating the currency
• B) They expanded the money supply so much and caused so much inflation that even farmers began to protest
• C) They did not pump enough new money into circulation to satisfy debtors
• D) They ran contrary to the political trend of the day in that both were straightforward, uncompromising pieces of legislation

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