Which of the Following Is True of the "Contract with America

question 37

Multiple Choice

Which of the following is true of the "Contract with America," which was released by the Republican Party during the 1994 congressional elections?

• A)It was introduced by House minority leader Newt Gingrich.
• B)It was an effort to mobilize grassroots Republican voters against Clinton.
• C)It was a call for significant tax and budget cuts and looser environmental regulations.
• D)It helped Republicans gain a net total of fifty-two seats in the House of Representatives.
• E)All options are correct.

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Definitions:

Registered Bonds

Bonds that are recorded in the name of the holder on the issuing company's books, ensuring that only the registered holder receives interest payments.

Term Bonds

Bonds that have a fixed maturity date on which the principal amount of the bond is due to be paid.