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Why Did Proponents of "Soft Money" Advocate Issuance of Paper

Question 30

Multiple Choice

Why did proponents of "soft money" advocate issuance of paper "greenbacks" and expanded coinage of silver?


A) "Soft money" in circulation promoted inflation that would raise farm prices and reduce debt.
B) "Soft money" would lower interest rates.
C) Silver was more plentiful and valuable than gold.
D) "Soft money" would lead to huge subsidies paid by consumers to business.

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