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Which of the Following Is True of the Bland-Allison Act

Question 8

Multiple Choice

Which of the following is true of the Bland-Allison Act and the Sherman Silver Purchase Act?


A) By putting more money into circulation, they laid to rest demands for inflating the currency.
B) They expanded the money supply so much and caused so much inflation that even farmers began to protest.
C) They did not pump enough new money into circulation to satisfy debtors and left the impression that the government favored creditors.
D) They ran contrary to the political trend of the day in that both were straightforward, uncompromising pieces of legislation.

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