Hamilton Expected That the Revenue to Pay the Interest on the National

question 44

Multiple Choice

Hamilton expected that the revenue to pay the interest on the national debt would come from

• A) sales taxes and licensing fees.
• B) customs duties and excise tax.
• C) income and property taxes.
• D) western land sales and foreign loans.
• E) foreign aid.

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Definitions:

Financial Support

Monetary assistance provided to individuals, organizations, or governments to help them meet their financial needs or goals.

Closed Membership

Closed Membership implies a restricted entry system where members are admitted based on certain criteria, and new entries are limited or require special admission processes.

Developmental Stages

refer to the various phases individuals pass through as they grow and mature, each stage characterized by unique physical, cognitive, and emotional development.

Cohesion

The degree to which members of a group are united in pursuing their goals and how well they bond with each other.