need help with these multiple-choice questions

Question 120.3pts

True or false: Corporations in steel, railroads, and automobiles needed to mass produce and be efficient to cover expensive infrastructure costs.

Group of answer choices

True

False

Flag question: Question 13Question 130.3pts

True or false: It is less costly to finance a corporation with bank loans instead of providing equity.

Group of answer choices

True

False

Flag question: Question 14Question 140.3pts

True or false: What distinguished the second Industrial Revolution from the first Industrial Revolution before the Civil War was continuous flow production.

Group of answer choices

True

False

Flag question: Question 15Question 150.4pts

The gold rush of 1949 increased the amount of gold in the U.S. significantly. That situation then caused ___________ in the Postbellum Era.

Group of answer choices

no change in how gold and silver were used as money

None of the other answers.

silver to be hoarded and gold to be used as money

gold to be hoarded and silver to be used as money

Flag question: Question 16Question 160.4pts

The difference between state banks and national banks in the Dual Banking System was

Group of answer choices

state banks had stricter regulations than national banks

national banks could print money but had very strict collateral requirements.

None of the other answers.

state banks could continue printing moneybut national banks could not print money.

Flag question: Question 17Question 170.4pts

The move to an international gold standard between 1896 and World War I:

Group of answer choices

was accompanied by large increases in prices.

caused great recessions due to a lack of money in the system.

made it difficult to exercise expansionary monetary policy.

All of the other answers.

eliminated the use of paper money in the economy

Flag question: Question 18Question 180.4pts

The Coinage Act of 1873 also called the CRIME of 1873

Group of answer choices

changed the official monetary system from a bimetallic system to a gold standard.

reduced the amount of gold in the monetary system.

increased the amount of silver in the monetary system thus diluting the value of gold.

increased the value of silver at the mint hurting gold.

Flag question: Question 19Question 190.4pts

Americans who OPPOSED William Jennings Bryan and the "Free Silver" movement in the Postbellum Era:

Group of answer choices

included the US Secretary of the Treasury.

wanted free railroad transport of silver from western mines to the east.

were in support of the gold standard and sound money.

wanted to increase the U.S. price level.

Flag question: Question 20Question 200.4pts

Investment banks

Group of answer choices

were the mediators between corporations that wanted to borrow and those that wanted to invest in corporations.

filled the role of commercial banks that did not have the ability to provide large funds.

All of the other answers.

was pioneered by J.P. Morgan

Flag question: Question 21Question 210.4pts

The Free Silver movement in the Postbellum era

Group of answer choices

promoted adding more silver to the money supply to create inflation to alleviate debt.

supported the gold standard.

promoted adding silver to the money supply to create deflation.

promoted giving people silver for free.

supported a silver standard.

Flag question: Question 22Question 220.4pts

Republicans in Congress pushed for the passage of the National Bank Act of 1863 because:

Group of answer choices

they wanted to encourage a mild inflation in the U.S.

they wanted the executive branch to have more control over the amount of notes in circulation.

they wanted to reduce the number of banks in the U.S.

they felt that the Act would reduce the temptation for weak administrations to over issue paper currency.

Flag question: Question 23Question 230.3pts

True or false: The Democrats at the end of the 19th century lost the President election and did not get their way for adding silver to the money supply. Instead more gold was discovered and it was added to the money supply which increased prices.

Group of answer choices

True

False

Flag question: Question 24Question 240.3pts

True or false: The lowering of interest rates caused the banking panic of 1907.

Group of answer choices

True

False

Flag question: Question 25Question 250.3pts

True or false: The cause of bank runs is the fractional reserve banking system.

Group of answer choices

True

False

Flag question: Question 26Question 260.3pts

True or false: The Coinage Act of 1873 changed the gold and silver ration from 15 to 1 to 16 to 1.

Group of answer choices

True

False

Flag question: Question 27Question 270.34pts

What does the demand curve tell you about this corporation's pricing power?

Group of answer choices

Weak pricing power because demand is inelastic.

Weak pricing power because demand is elastic.

Strong pricing power because demand curve is elastic.

Strong pricing power because demand curve is inelastic.

Flag question: Question 28Question 280.34pts

What would be thebestcourse of action for this corporation to do legally to increase its chances of staying in business?

Group of answer choices

Do vertical mergers.

Do horizontal mergers.

Engage in pools and gentleman's agreements on pricing with its competitors.

Predatory pricing.

Flag question: Question 29Question 290.35pts

Chapter 19: Money, Prices, and Finance in the Postbellum Era

During the postbellum industrial revolution there were many severe recessions and some depressions. The dark grey areas above are the recessions and depressions.

What caused the boom scenarios?

Group of answer choices

The increase in providing business equity in the economy.

Through bank loans, people and businesses had more money to buy goods and services.

The increase in the supply of goods and services while the money supply stayed relatively constant.

The contraction of the money supply.

Flag question: Question 30Question 300.35pts

Chapter 19: Money, Prices, and Finance in the Postbellum Era

During the postbellum industrial revolution there were many severe recessions and some depressions. The dark grey areas above are the recessions and depressions.

What caused the bust scenarios?

Group of answer choices

A rapid decrease in exports due to inferior products.

The contraction of the money supply due to the banks taking paper money out of the system.

Bad managerial decisions by corporations.

The banks stopped providing Fractional Reserve Loans.

The contraction of the money supply due to paying back and defaults on credit.

Flag question: Question 31Question 310.35pts

Chapter 19: Money, Prices, and Finance in the Postbellum Era

The Civil War caused prices to skyrocket.

What economic scenario occurred from 1866 to 1879 that eliminated inflation and what aggregate curved shifted and in which direction?

Group of answer choices

Supply side expansion; Supply curve to the left.

Bust; Demand curve to the right.

Bust; Demand curve to the left.

Supply side expansion; Supply curve to the right.

Boom; Supply curve to the right.

Boom; Demand curve to the right.

Flag question: Question 32Question 320.35pts

Chapter 19: Money, Prices, and Finance in the Postbellum Era

What caused the massive inflation during the Civil War situation?

Group of answer choices

None of the other answers.

Paper money was decreased causing according to the Quantity Theory of Money a substantial increase in P.

A substantial increase in the amount of specie in the money supply.

Paper money was increased causing according to the Quantity Theory of Money a substantial increase in P.

Flag question: Question 33Question 330.35pts

The Civil War caused prices to skyrocket.

It took 14 years to eliminate that inflation. why did it take so long to eliminate inflation?

Group of answer choices

Using the Quantity Theory of Money, it takes more time to increase Y than to increase P.

All of the other answers.

Using the Quantity Theory of Money, Unlike M and P, Y usually stays within a smaller range.

Supply chains, new businesses, new technology, and employee training take time.

Flag question: Question 34Question 340.35pts

Chapter 19: Money, Prices, and Finance in the Postbellum Era

The Civil War caused prices to skyrocket.

It only took a few years to create massive inflation during the Civil War. Why did it take so little time?

Group of answer choices

The supply of goods and services increases much quicker than its demand.

Increasing aggregate demand happens much quicker than increasing aggregate supply.

The supply for goods and services severely contracted.

Many workers were sent to war.