Increasing the money supply would raise crop prices, making it easier for farmers to pay their debts and make profits.
Farmers opposed the gold standard because they claimed that it would cause prices for their crops to decline. The correct option among all the options that are given in the question is the last option or option "D". This sytem of gold standard was abandoned by the government during the depression that happened during the years of 1930s.
Answer:
supreme power is vested in the people and exercized directly by them or there elected agents under a free electoral system.
Explanation:
#3 Even though Loyalists didn't support the war, they wanted to support their colony by contributing muskets and food for Patriot soldiers.
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Which is supreme, the state governments or the federal government?
McCulloch v. Maryland addressed the issue of Maryland taxing the National Bank.
In this case, the state of Maryland attempted to tax the National Bank. The representative of the Bank refused to pay the taxes. The Court sided with the Bank stating the Federal government had the right to have a bank under the "necessary and proper clause". Additionally the ruling stated that the Federal government has supremacy over the state.
