Thomas Jefferson Was Conscience-Stricken About the Purchase of the Louisiana

question 54

Multiple Choice

Thomas Jefferson was conscience-stricken about the purchase of the Louisiana Territory from France because

• A) he hated dealing with the French dictator Napoleon.
• B) he believed that the purchase was unconstitutional.
• C) Congress had not appropriated the additional funds he paid to buy the whole territory.
• D) it meant forcibly adding a mixed-race population to the United States.
• E) he knew it would lead to further conflicts with Britain.

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Definitions:

Increase Supply

An upward shift in the supply curve, indicating more of a good or service is available for sale at any given price, usually the result of factors like improved technology or decreased production costs.

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing to pay for a good or service and the total amount they actually pay.

Soybeans

Edible legumes native to East Asia, widely grown for their numerous uses, which include producing oil, as a source of protein, and in many food products.

Willingness To Pay

The maximum price a consumer is prepared to pay for a good.