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1. Banks in an unregulated system usually maintain a reserve ratio above zero. Group of answer choices True False 2. Suppose a new source of

1. "Banks in an unregulated system usually maintain a reserve ratio above zero."

Group of answer choices

True

False

2. Suppose a new source of gold is discovered. This would likely cause ___.

Group of answer choices

inflationary pressures

no change in prices

deflationary pressures

3. As individuals deposit more specie into banks, the money supply ___.

Group of answer choices

expands

contracts

remains unchanged

4. The mid-19th century tariffs likely harmed which of the following, on net? Select all that apply.

Group of answer choices

Urban consumers

Factory owners

Midwestern farmers

Southern planters

5. "Indentured servitude was, in effect, a loan."

Group of answer choices

True

False

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