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Multiple Choice
Which of the following best describes Alexander Hamilton's financial plan as it relates to investments in securities during the early years of the United States?
A
Hamilton advocated for the immediate repayment of all debts in gold and silver, avoiding the issuance of any securities.
B
Hamilton recommended that each state manage its own debts independently, without federal involvement in securities.
C
Hamilton's plan focused solely on increasing tariffs and did not address investments in securities or national debt.
D
Hamilton proposed the federal government assume state debts and issue new federal securities to fund the national debt.
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