The Tacit Approval of White Supremacy in the South and the Concession

question 36

Multiple Choice

The tacit approval of white supremacy in the South and the concession of the federal support for civil rights were a result of the

• A) Compromise of 1877.
• B) 14th Amendment.
• C) election of Senator Jim Crow to Congress.
• D) Civil Rights Act of 1875

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Definitions:

Required Reserve Ratio

The fraction of deposits that banks are required to hold in reserve and not lend out, typically determined by a central bank.

Total Money Supply

The entire stock of currency and other liquid instruments circulating in a country's economy as of a particular time.

Money Supply

The overall accumulation of monetary assets in an economy at a certain point, including cash, coins, and funds in checking and savings accounts.

Reserves

Assets held by a financial institution or an individual as a buffer for potential future liabilities or emergencies.