why was the sherman sliver purchase act passed? select the two correct answers.

A) to shrink the money supply

B) to help farmers repay debts

C) to increase the money supply

D) to replace the gold standard with silver

E) to eliminate silver from the money supply

Farmers had immense debts that could not be paid off due to deflation, and they urged the government to pass the Sherman Silver Purchase Act in order to boost the economy and cause inflation, allowing them to pay their debts with cheaper dollars.

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why was the sherman sliver purchase act passed? select the two correct answers. A) to shrink the money supply B) to help farmers repay debts C) to increase the money supply D) to replace the gold standard with silver E) to eliminate silver from the money supply

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why was the sherman sliver purchase act passed? select the two correct answers.

A) to shrink the money supply

B) to help farmers repay debts

C) to increase the money supply

D) to replace the gold standard with silver

E) to eliminate silver from the money supply