Over the Course of the Eighteenth Century in Colonial America,the

question 49

Multiple Choice

Over the course of the eighteenth century in colonial America,the:

• A) percentage of landowners increased in urban areas.
• B) economic rights of slaves increased.
• C) wealthy wanted to spread the wealth to decrease poverty.
• D) percentage of landowners became less in the colonies than in England.
• E) rich became richer.

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Definitions:

Money Supply

The total amount of money available in an economy, including cash, coins, and balances held in checking and savings accounts.

Fed

The Federal Reserve System, which is the central banking system of the United States, responsible for monetary policy, banking supervision, and financial services.

Money Expansion

An increase in the total supply of money in circulation within an economy, typically achieved through central bank operations.

Excess Reserves

Funds that banks hold over and above the legal requirement set by the central bank or banking regulator.