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Why Is the Currency Act of 1900 Significant

Question 93

Multiple Choice

Why is the Currency Act of 1900 significant?


A) It committed the United States to the gold standard.
B) It marked the first time the United States developed a uniformed currency.
C) It prohibited the United States from running a deficit greater than 3 percent of the GNP.
D) It established the one dollar, five dollar, and ten dollar bills.
E) It increased the amount of silver in circulation by $5 million.

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