To help combat the ailing economy in the early '70s, President Nixon took the U.S. off the

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Answer 1
Answer: GOLD STANDARD thereby changing US dollars into a fiat based currency (In God We Trust ;) Oh, then he printered boat loads of dollar bills thinking more $ will equate to more tax revenue (supply side system) BUT then the Phillips & Laffer curves were blown apart proving - Yes Mr. President, Inflation and High Unemployment CAN both exist at the same time.

Related Questions

After 1081 ,what was the byzantine being weakened by?
The louisiana purchase was made possible by: select one:a. napoléon's disastrous setback in haiti.b. britain's support of the u.s. effort.c. the political backing of the federalists.d. jefferson's threat to take the land by force.e. the fact that france offered it for free.
Most of the fighting on the western front took place in __________.
What is the oldest U.S. Navy ship still in commission?
What was a guiding principle of the New Deal economic policies?

Which of the following were effects of European imperialism in Africa?1.Africans were given positions in colonial government.
2.Warring tribes were forced together. resulting in many ethnic wars.
3.African nations became pawns in the Cold War between the United States and Soviet Union.
4.European colonizers stripped much of the wealth away from Africa.

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Some of the effects of European imperialism in Africa were that ".Warring tribes were forced together. resulting in many ethnic wars" and "4.European colonizers stripped much of the wealth away from Africa," since Europeans were trying to gain resources during the Industrial Revolution. 

In Lebanon, the democratic government s constitution requires that its leaders must bea. residents of certain cities.
b. residents of certain provinces.
c. members of particular political parties.
d. members of particular religious groups.

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Answer:

d. members of particular religious groups.

Explanation:

Lebanon is a parliamentary democracy governed by a confessional framework, in which the main positions are distributed proportionally among the different religious communities of the country. The Lebanese Constitution guarantees the right to change government by vote, according to the constitution, every four years. The last elections were in 2009, with the so-called Alliance of March 14 being the winner.

The President is elected by Parliament every 6 years, and both elect the Prime Minister after each election.

Since 2016 the President is politician Michel Aoun. The Prime Minister was Saad Hariri since 2016, although he resigned his position on November 4, 2017.

The correct answer to this is d. members of particular religious groups.

Why did Europeans begin to explore the unknown, resulting in the discovery of the New World? a . to secure better lives for themselves, their countries, and religious groups b. new ships were equipped to handle sea voyages c. technology, such as the compass and astrolabe, enabled Europeans to travel long distances d. all of the above

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Apart of thier  exploriation to trade routes to the indians for spices.finding gold and new lands for colonization to further to grow thier empires

Why did Martin Luther King, Jr., study the teachings of Mohandas Gandhi?

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One of the reasons why Martin Luther King, Jr., studied the teachings of Mohandas Gandhi was because Gandhi was a proponent of non-violent protests--something that King greatly wanted to emulate in the US. 

Which does not describe one of the four basic characteristics of a state

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Answer: A state has a democratic system.

The Crusades created a demand for goods among the people.
a. True
b. False

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It is absolutely true fact that the Crusades created a demand for goods among the people. The correct option among all the options that are given in the question is the first option or option "a". The Crusaders were mainly to blame for keeping all of Europe in tumult for about two centuries. It did cost millions of lives as well.