Why Did Alexander Hamilton Advocate for Rolling Old Certificates of Debt

question 25

Multiple Choice

Why did Alexander Hamilton advocate for rolling old certificates of debt into new government bonds?

• A) Bonds would infuse money into the economy.
• B) The plan would lessen the actual amount of debt owed.
• C) He hoped to limit speculator profits.
• D) The plan would delay paying the debt far into the future.

---

Definitions:

Symbiotic Relationship

A close and often long-term interaction between two different biological species, where both species benefit from the relationship.

Etiology

The study of causation, or origination; used particularly in the context of disease to determine its cause.

Normative Ethics

A branch of ethics concerned with the criteria of what is morally right and wrong, focusing on the establishment of moral standards that regulate right and wrong conduct.

Proper Behavior

Conduct that is deemed appropriate, respectful, and considerate according to societal norms and expectations.