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What Was the Purpose of the "Subtreasury Plan

Question 56

Multiple Choice

What was the purpose of the "subtreasury plan"?


A) It promoted deflation by withdrawing silver certificates from circulation.
B) It reestablished the gold standard.
C) It reclaimed unused land from the railroads.
D) It allowed farmers to secure low-interest government loans.
E) It said that the national bank could pull supplemental cash from private banks.

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