Examlex
A decline in the expected inflation rate causes the demand for money to ________ and the demand curve to shift to the ________.
McNary-Haugen Bill
Vetoed by President Calvin Coolidge in 1927 and 1928, the bill to aid farmers that would have artificially raised agricultural prices by selling surpluses overseas for low prices and selling the reduced supply in the United States for higher prices.
Calvin Coolidge
The 30th President of the United States (1923–1929), known for his small government conservatism and for his quiet and reserved personality, leading the nation through the Roaring Twenties.
Laissez-faire Economics
An economic theory advocating minimal government intervention in the marketplace and allowing free interaction of supply and demand.
New Society
A concept or movement aimed at creating a social order differing from the current, often focusing on ideals of equality and justice.
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