Question

Which argument supports Father Charles E. Coughlin’s call for remonetization of silver during the Great Depression?

a
Coinage of silver would put more money in circulation and counter deflation.
b
Coinage of silver would take money out of circulation and end inflation.
c
Coinage of silver would allow more people to buy stock on margin.
d
Coinage of silver would allow the United States to repay its war debts
to Europe.

Answer 1

The correct answer for this question is "D. Coinage of silver would allow the United States to repay its war debts to Europe." The argument that supports Father Charles E. Coughlin’s call for remonetization of silver during the Great Depression is that coinage of silver would allow the United States to repay its war debts to Europe.