Answer:
The correct answer is <em><u>C) The Union Pacific</u></em>
Explanation:
During President Grant's Presidency the Union Pacific scandal shook the very foundations of the country's democracy.
At the time, it was found out that Union Pacific and the construction company behind the project, Crédit Mobilier of America had charged far more than normal for the project.
On top of this, cash and over $9 million in stock was given as bribe to over 15 top government officials including the Vice President.
Answer:
These increase in taxes and the increase in nominal income raised revenues from $930 million in 1916 to $4,388 million in 1918. Federal expenditures, however, increased from $1,333 million in 1916 to $15,585 million in 1918. A huge gap had opened up that would have to be closed by borrowing.
Explanation:
I believe the answer is option D
