Meyer V.Nebraska

question 49

Multiple Choice

Meyer v.Nebraska:

• A) overturned the ban on child labor.
• B) ruled that the maximum number of hours a woman could work could not be legislated.
• C) overturned a law that stated public schools would instruct classes in English.
• D) upheld the Espionage Act as constitutional.
• E) ruled that evolution could not be taught in public schools.

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Definitions:

Deposits

Funds placed into an account at a banking institution for safekeeping and potential interest accrual.

Reserve Ratio

The reserve ratio is the fraction of deposits that a bank is required to hold in reserve and not lend out, set by the central bank to control the money supply.

Money Multiplier

A concept that describes the amount of money that banks can generate with each dollar of reserves.

Percent

A mathematical term describing one hundredth of a particular quantity; a unit of proportion or rate expressed as a fraction of 100.