Which of the Following Statements Best Expresses the Criticism Leveled

question 9

Multiple Choice

Which of the following statements best expresses the criticism leveled against Hamilton's proposal that Congress assume outstanding state debts?

• A) The plan is fine except for the fact that it will cost the government far more than it can afford.
• B) The plan will enrich speculators who have purchased securities at a small fraction of their face value.
• C) The plan will disrupt the national economy.
• D) The plan violates the Constitution, which does not specifically authorize Congress to assume state debts.

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Definitions:

Dutch

Referring to something of or related to the Netherlands, its citizens, or their language.

English Military

The armed forces of England, which have historically played significant roles in both national defense and overseas expansion.

English Occupation

The period or instance of England or its people establishing control or settling in another territory or country.

Class Tensions

refers to the friction and conflicts that arise between different social classes within society, often due to disparities in wealth, status, or opportunity.