Which of the following is true of President Calvin Coolidge?
A) He raised tax rates on incomes over $50,000.
B) He engaged in deficit spending.
C) He vetoed bills that would have established government-backed price supports for staple crops.
D) He supported attempts to enforce antitrust laws more strictly.

Question

Quizplus · Accepted Answer

President Calvin Coolidge was a staunch believer in limited government and free-market capitalism. He vetoed bills that would have established government-backed price supports for staple crops, arguing that it would distort the market and lead to inefficiency. He also implemented policies that helped reduce the national debt and promote business growth, but did not engage in deficit spending or raise tax rates on incomes over $50,000. While he did support attempts to enforce antitrust laws, this was not a defining aspect of his presidency.

Which of the Following Is True of President Calvin Coolidge