According to Hughes and Cain (2011), what did the Populists want?
(a) To use the federal government to redistribute income and wealth
(b) A more direct democracy that limited the powers of state legislatures
(c) A secret voting ballot and public education
(d) All of the above
(d)
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An increase in the real interest rate results in which of the following?
A) an increase in the demand for loanable funds B) a decrease in the demand for loanable funds C) an increase in the quantity of loanable funds supplied D) Both B and C will occur as a result of an increase in the real interest rate.
Andrew Carnegie was largely responsible for the development of the _________ industry; while John D. Rockefeller was largely responsible for the development of the _________ industry.
Fill in the blank(s) with the appropriate word(s).