Which Was Not Part of Hamilton's Financial Plan

question 20

Multiple Choice

Which was not part of Hamilton's financial plan?

• A) Assume the states' debts and have the federal government pay them at full value
• B) Consolidate the loans that Congress incurred during the war
• C) Raise revenue through bonds, tariffs, land sales, and an excise tax
• D) Develop new products to sell to England
• E) Create a federal bank and a national legal tender

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Definitions:

Syllogism Figures

The different possible arrangements of the three terms in a syllogism, affecting the structure of the argument.

Valid Argument

An argument wherein if the premises are true, the conclusion must also be true, due to its logical form.

Premises Guarantee

In logic, the condition where the premises of an argument necessarily lead to its conclusion, ensuring its validity.

Existential Import

The implication that the subjects referred to in a proposition actually exist.