Which of the Following Is True of Congress's Response to Hamilton's

question 65

Multiple Choice

Which of the following is true of Congress's response to Hamilton's Report on Manufactures?

• A) Congress approved the report in its entirety.
• B) Congress approved the report with the exception of the portion calling for a protective tariff.
• C) Congress, seeing the future of the nation as being agrarian and not industrial, rejected the report.
• D) Congress rejected the report with the exception of the portion calling for a protective tariff.

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Definitions:

Significant Declines

Significant Declines describe substantial reductions in value, performance, or status, which might indicate urgent issues requiring attention or analysis.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a specified price at or after a certain date.

Fair Market Price

The price of a good or service that is agreed upon by both buyer and seller, under no pressure, in an open and competitive market.

Redeemed

The act of exchanging something, such as a bond or coupon, for value, often for cash or goods.