A Wealthy Person Would Have Been More Likely to Be

question 140

True/False

A wealthy person would have been more likely to be a Federalist.

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Definitions:

Recession

A period of declining real incomes and rising unemployment.

Money Supply

The quantity of money available in the economy.

Government Expenditures

The total amount spent by the government for its operations, programs, and public services.

Business Cycle

Fluctuations in economic activity, such as employment and production