Hamilton's plan called for the federal government to
A) Discount obligations of indebtedness by 50 percent.
B) Exchange obligations of indebtedness at face value for new federal bonds.
C) Let the Federal Reserve System absorb the loss of revenue.
D) Tax interest as a way for the government to recoup some of its money.
Correct Answer:
Verified
Q18: Madison favored what kind of amendments to
Q19: The First Amendment to the Constitution
A) Kept
Q20: What was the first challenge of the
Q21: What did Secretary of the Treasury Alexander
Q22: What did Treasury Secretary Hamilton want to
Q24: Southern states mostly opposed Secretary Hamilton's plan
Q25: What flaw in the Fugitive Slave Law
Q26: Treasury Secretary Alexander Hamilton recommended the creation
Q27: Because the Constitution did not mention such
Q28: Opposition to Secretary Hamilton's fiscal proposals was
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