Which of the Following Was NOT Part of Alexander Hamilton's

question 36

Multiple Choice

Which of the following was NOT part of Alexander Hamilton's financial program?

• A) creating a new national debt, thereby giving bondholders a stake in the nation's future
• B) the Bank of the United States, modeled on the Bank of England
• C) a tax on whiskey producers as a means of raising revenue
• D) taxes and subsidies to promote American manufacturing
• E) a national capital city with experimental manufacturing

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Definitions:

Rational Choice Theory

A framework for understanding and modeling social and economic behavior within the assumption that individuals make decisions based on their preferences and aims to maximize utility.

Social Resources

are assets available to individuals or communities, such as knowledge, networks, and social status, that can be mobilized to achieve desired outcomes.

Intention

A mental state that represents a commitment to carrying out an action or actions in the future.

Neoclassical Economics

A branch of economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.