Which of the Following Was the Reason Why John Adams

question 48

Multiple Choice

Which of the following was the reason why John Adams wrote that July 2 could be called the birthday of the United States?

• A)John Hancock, the president of the Congress, signed the Declaration of Independence on July 2, 1776.
• B)The Declaration of Independence was presented to the Congress on July 2, 1776.
• C)Richard Henry Lee, a Virginia delegate to the Continental Congress, proposed, on July 2, 1775, that the colonies officially declare their independence.
• D)The first American revolutionary movement started on July 2, 1774.
• E)On July 2, 1776, the Continental Congress voted to dissolve ties with Britain, essentially declaring independence.

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Definitions:

Highly Elastic

Describes a market situation where demand or supply of a good or service is very sensitive to changes in price.

Excise Tax

A tax imposed on the sale of specific goods and services, such as fuel, tobacco, and alcohol.

Burden

The negative impact, stress, or obligation imposed by a situation, decision, or policy.

Efficiency Loss

The decrease in economic efficiency resulting from the inability to reach or achieve the equilibrium for a product or service.