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:

Deductive Step

A step in reasoning in which one proceeds logically from premises to a definite conclusion, ensuring the conclusion necessarily follows.

Evidence

Information or facts that are used to support a belief, conclusion, or argument.

Inductive Step

A crucial part of mathematical proof in inductive reasoning, where one shows that if a property holds for one case, then it also holds for the next case.

Inductive Generalizations

The process of inferring general principles from specific observations.