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Author Question: In 1913, to offset the loss of revenues from other legislation, Congress A. increased business ... (Read 29 times)

future617RT

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Question 1

After the elections of 1914, President Woodrow Wilson
 
  A. held steady to his existing course of action.
 
  B. moved away from progressivism.
 
  C. encouraged the United States to enter the war in Europe.
 
  D. began another round of progressive legislation.
 
  E. refused to nominate any progressives to the Supreme Court.

Question 2

The Federal Reserve Act
 
  A. was designed to push troubled banks out of business.
 
  B. created sixteen regional banks.
 
  C. created a new type of paper currency.
 
  D. helped to reduce loans to private banks.
 
  E. was regulated by a board whose members were elected by Congress.

Question 3

The 1913 Underwood-Simmons Tariff
 
  A. passed despite opposition from congressional Democrats.
 
  B. reduced foreign competition in the United States' domestic markets.
 
  C. represented a political setback for President Wilson.
 
  D. was intended to weaken the power of business trusts.
 
  E. raised tariff rates to a new high.

Question 4

In 1913, to offset the loss of revenues from other legislation, Congress
 
  A. increased business regulatory fees.
 
  B. passed a graduated income tax.
 
  C. raised the tariff on agricultural goods.
 
  D. decided to inflate the currency.
 
  E. passed heavy excise taxes on alcohol and tobacco.



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