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.
b
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How did further deregulation of the financial industry during the Bush administration help to set the stage for the worst economic downturn since the Great Depression?
A. The largest U.S. banks could now take very risky moves while borrowing and investing billions of dollars. B. The largest U.S. banks could no longer borrow and invest freely, thus slowing the economy down immensely. C. The smaller U.S. banks were now free to spend and invest as they pleased, but inexperience led to many poor decisions. D. Rules and regulations for all banks in the U.S. became far too stringent, causing banks to decrease loan grants to the American people.
Why was Canada potentially significant to British operations?
A) It could be easily defended. B) It served as an important bargaining tool in negotiations. C) It was controlled by the Spanish, an important British ally. D) It offered a loyal preparation area for the British forces.
Women's roles in Latin America ________ European patterns in the late twentieth century
A) lagged decades behind B) steadily grew closer to C) had little relation to D) showed more progress than
Under the U.S. presidency of Jimmy Carter, a major goal of American foreign policy was
A) a new effort to contain Communism around the globe. B) the protection of human rights globally. C) American withdrawal from European defensive alliances to counter Soviet power. D) the emplacement of new nuclear weapons systems in Europe for possible use against Russia. E) to weaken the Islamic Republic of Iran by military force.