Franklin Roosevelt's "managed currency" aimed to
a. stimulate inflation.
b. reduce the price of gold.
c. restore confidence in banks.
d. reduce the amount of money in circulation.
e. shake up the Federal Reserve Board.
Ans: a. stimulate inflation.
You might also like to view...
Without government regulation and state action, global commons are often subject to which of the following?
a. Domination by a large power b. Overuse by all members c. Overuse by one member d. Neglect by those not involved in the policy area
The House Committee on Ways and Means is a _________ committee.
a. conference b. caucus c. standing d. joint e. select
This author’s concept of “authority leakage” questions whether it is even possible for those at the top of the bureaucratic hierarchy to effectively direct the actions of those at the bottom: ______.
A. James Madison B. Anthony Downs C. Winston Churchill D. Robert Dahl
The spoils system was initiated by President Garfield
Indicate whether the statement is true or false.