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

question 51

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 and left the impression that the government favored creditors.
• D) They ran contrary to the political trend of the day in that both were straightforward, uncompromising pieces of legislation.

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Definitions:

Trichromatic Theory

A theory of color vision proposing that the human eye has three types of receptors with differing sensitivities to different light wavelengths, corresponding to red, green, and blue colors.

Retinex Theory

A theory stating that the color of an object is determined by its reflectance properties in a viewing context, explaining color consistency under different lighting.

Cortex

Layers of neurons covering the brain's hemispheres, involved in higher brain functions such as sensory processing and thinking.

Ratios

Mathematical expressions that compare two numbers or quantities, indicating how many times one value contains or is contained within the other.