What most accurately describes the trend in inter-city prices between 1815-1860?
a. Prices of goods in different eastern cities diverged.
b. The prices of goods in the Midwest converged towards the prices of goods in the east.
c. Prices of goods in the Midwest decreased relative to the prices of goods in the east.
Question 2
Which of the following was not a prominent New Deal reform?
a. Monetary power was decentralized.
b. The gold standard was eliminated.
c. Implementation of deposit insurance
d. Separation of commercial from investment banking