What were greenbacks?
a. paper currency issued by the Confederacy during the Civil War
b. paper currency issued by the Union during the Civil War
c. fiat money used by the Confederacy during the Civil War
d. commodity money used by the Union during the Civil War
Answer: b. paper currency issued by the Union during the Civil War
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Which of the following would a bank NOT hold as insurance against the highest cost of deposit outflow-bank failure?
A) excess reserves B) secondary reserves C) bank capital D) mortgages
Statutes prescribing maximum hours and minimum wages for women were common by 1920 . The effects of these laws included all of the following except
a. complementary limits on the hours of male workers. b. a negligible impact on female employment. c. reduced competition for jobs between male and female workers. d. increased employment of women in managerial positions.