Question

Match the following. 1. A sharp or sudden rise in prices resulting from too great expansion in paper money or bank credit. inflation 2. To make void. spoils system 3. The act or practice of buying or selling when there is a large risk with the hopes of making a profit from future price changes speculation 4. The system or practice in which public offices were awarded to supporters of the winning party. squatter 5. A person who settles on land without title or right. nullify 6. Prior to the passage of the National Bank Act of 1863-64, a bank operation with insufficient capital to redeem its circulating notes wildcat bank

Answer 1

1. A sharp or sudden rise in prices resulting from too great expansion in paper money or bank credit.  
INFLATION

2. To make void. 
NULLIFY

3. The act or practice of buying or selling when there is a large risk with the hopes of making a profit from future price changes 
SPECULATION

4. The system or practice in which public offices were awarded to supporters of the winning party. 
SPOIL SYSTEM

5. A person who settles on land without title or right. 
SQUATTER

6. Prior to the passage of the National Bank Act of 1863-64, a bank operation with insufficient capital to redeem its circulating notes 
WILDCAT BANK

Answer 2

#1 is inflation
#2 is nullify
#3 is speculation
#4 is spoils system
#5 is squatter 
#6 is wildcat bank