President Cleveland's Action to Save the Nation's Gold Reserves in 1895

question 24

Multiple Choice

President Cleveland's action to save the nation's gold reserves in 1895 was widely criticized because it ________________.

• A) took the nation off the gold standard
• B) substantially increased the tax burden on low-income families
• C) allowed a banking syndicate led by J.P. Morgan to make a large profit
• D) increased the cost of living for the average working-class family

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