The constitutional convention was convened, in part, because citizens were concerned about threats ...

The constitutional convention was convened, in part, because citizens were concerned about threats to their property rights as illustrated in part by Shays' Rebellion.
 
  Indicate whether the statement is true or false

Question -2-

A(n)__________ occurs when there is a severe and persistent drop in economic activity.
 
  a. depression
  b. flat line cycle
  c. inflationary cycle
  d. recession

Question -3-

In what way do changes to the interest rate affect the American economy?
 
  a. They always lead to lower rates of marginal taxes.
  b. They can lead to higher unemployment in years of budget deficits.
  c. They can spur economic growth by increasing the cost of money for business.
  d. They can spur economic growth by increasing the available money supply.

Question -4-

When __________ occurs, the purchasing power of money declines.
 
  a. monetarism
  b. inflation
  c. unemployment
  d. deficit spending