A community for students.

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

anonymous

  • one year ago

The passage below is an excerpt from the Populist Party Platform of 1892: We demand free and unlimited coinage of silver and gold at the present legal ratio of 16 to 1. We demand that the amount of circulating medium be speedily increased to not less than $50 per capita. Source: http://www.wwnorton.com/college/history/eamerica/media/ch22/resources/documents/populist.htm

  • This Question is Closed
  1. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    How would the acceptance of these demands help the supporters of the Populist Party? (A) Coining more money would lead to inflation, which would increase wages for factory workers. (B) Speeding up the circulation of money would raise interest rates, which would make banks less profitable. (C) Increasing the money supply would raise crop prices, making it easier for farmers to pay their debts and make profits. (D) The use of both silver and gold as coins would enlarge the federal budget, making it possible to pay for more welfare programs for the poor.

  2. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    The answer would be D since that is the only positive affect for the party, all the other option are false and would lead towards negative consequences

  3. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    I hope my explanation helped you :)

  4. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Ok thanks! I'll let you know if it's correct

  5. anonymous
    • one year ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Answer D was actually incorrect :(

  6. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.