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12-12-2022
History

Answered

3. (02.03 MC)
What was the reason for the Populist Party supporting unlimited coinage of silver? (1 point)
Coining more money would lead to inflation, which would increase wages for factory workers.
Speeding up the circulation of money would raise interest rates, which would make banks less profitable.
Increasing the money supply would raise crop prices, making it easier for farmers to pay their debts and make profits.
O The use of both silver and gold as coins would enlarge the federal budget, making it possible to pay for more welfare programs for the poor.

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