Among the anti gold fallacies cited by woods isare a

100. Among the anti-gold fallacies cited by Woods is/are:
a. that the gold supply is inflexible.
b. that gold is too bulky to carry around.
c. it is more costly to use gold than to use fiat paper.
d. there isn’t enough gold to facilitate all business transactions.
e. All of the above.
101. Recent scholarship points to which of the following as a “primary” cause of the
Great Depression?
102. During the 1920s, which of the following was true about our economic growth? 103. During World War I, the marginal income tax rate (which began in 1913) on
incomes over $750,000 was:
104. During the initial stages of the Great Depression, President
Hoover convinced many American industrialists to:
a. keep wages from falling.
b. raise production by at least 5% per year.
c. raise wages by at least 5% per year.
d. reduce production by no more than 10% per year.
e. reduce wages by at least 10% per year.
105. According to Smiley, one problem area of the 1920s (for the U.S.) was the
brief, but severe, recession of:

106. At the beginning of 1923, it took 18,000 German marks to buy on U.S.
dollar. By the end of the year, after a severe hyperinflation, it took about ____
marks to buy on U.S. dollar.
107. Banks found their situations increasingly precarious from 1931 to 1932
because: