What Is the Difference Between "Hard Money" and "Soft Money

question 7

Multiple Choice

What is the difference between "hard money" and "soft money"?

• A) Hard money is difficult to acquire.
• B) Hard money is specie like gold or silver, while soft money is paper.
• C) Soft money is issued for only a specified number of months.
• D) Hard money has no value, while soft money increases in value.
• E) Soft money was usually easy to find, but only the elite had access to hard money.

---

Definitions:

Aggregate Demand

The collective demand for all goods and services within a particular economy at a specific price level and time period.

Aggregate Demand

is the total demand for all goods and services within a particular market or economy at a given price level and in a given time period.

Economic Fluctuations

Variations in the level of economic activity in a country over time, characterized by periods of boom and recession.

Future Optimism

A psychological state or economic theory that anticipates positive outcomes and growth in the future.