In 1836,President Andrew Jackson's "Specie Circular

question 105

Multiple Choice

In 1836,President Andrew Jackson's "specie circular"

• A) resulted in a severe financial panic.
• B) was defeated by Congress.
• C) was of considerable political benefit to Martin Van Buren.
• D) required foreigners doing business in the United States to pay their debts in hard currency.
• E) caused a significant rise in prices, especially the price of land.

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