Federal assumption of the state debts would funnel money out of all of the following sections of the country except
A)the southern states.
B)the middle states.
C)the northeastern states.
D)the western states.
E)Canada.

Question

Quizplus · Accepted Answer

Federal assumption of the state debts was primarily beneficial to the northeastern states, where a significant portion of the national debt was held. This policy was less advantageous to other regions, which had either paid off their debts or had less of it.

Federal Assumption of the State Debts Would Funnel Money Out