WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
GILDED AGE POLITICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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impeach the president
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passed a billion dollar budget
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decrease tariff rates
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establish wage limits for factory workers
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Detailed explanation-1: -Congress Overview The rules changes and unified government produced the “Billion Dollar Congress, ” as the new majority passed generous military pensions and approved long-stalled naval expansion. New economic pressures also resulted in the Sherman Silver Purchase Act and the Sherman Antitrust Act.
Detailed explanation-2: -The U.S. has experienced a fiscal year-end budget surplus five times in the last 50 years, most recently in 2001. When there is no deficit or surplus due to spending and revenue being equal, the budget is considered balanced.
Detailed explanation-3: -In fiscal 2021, the average interest rate on federal debt was a record-low 1.605%. But with the Fed raising its policy rate to try to cool off the economy, the U.S. has started paying more to borrow: The average interest rate on federal debt last year ticked up to 2.07%.