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In 1836,President Andrew Jackson's "Specie Circular

Question 105

Multiple Choice

In 1836,President Andrew Jackson's "specie circular"


A) resulted in a severe financial panic.
B) was defeated by Congress.
C) was of considerable political benefit to Martin Van Buren.
D) required foreigners doing business in the United States to pay their debts in hard currency.
E) caused a significant rise in prices, especially the price of land.

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