Under the bimetallic standard of the 19th century: a. the amount ...

[itsmyluck]

Under the bimetallic standard of the 19th century:
 a. the amount of money in circulation increased.
  b. the American dollar served poorly as a unit of account.
  c. only one metal tended to circulate as money at any given time.
  d. the government earned profits by selling gold.

Question 2

The belief that government spending is necessary to offset sluggish private investment demand is associated with:
 a. monetarism.
  b. supply-side economics.
  c. Keynesianism.
  d. rational expectations theory.

[elyse44]

Answer to Question 1

c. only one metal tended to circulate as money at any given time.

Answer to Question 2

c. Keynesianism.

[itsmyluck]

Thank you

[elyse44]

No problemo