Which of the Following Lists Contains Only Actions That Decrease

question 136

Multiple Choice

Which of the following lists contains only actions that decrease the money supply?

• A)raise the bank rate; make open market purchases
• B)raise the bank rate; make open market sales
• C)lower the bank rate; make open market purchases
• D)lower the bank rate; make open market sales

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Definitions:

Tecumseh

A Native American leader of the Shawnee and a major figure in the early 19th century, advocating for the unification of various Native American tribes to resist westward expansion by European settlers.

Tippecanoe

The site of an 1811 battle in the Indiana Territory, where future President William Henry Harrison defeated Native American forces led by Tecumseh's brother, Tenskwatawa.

Customs Collectors

Officials responsible for collecting duties imposed by a government on imported and exported goods.

Democratic-Republican

A political party in the United States that evolved in the 1790s and supported states' rights and agriculture, opposing the Federalist Party.