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Which of the following were criticisms of Hamilton's proposal that the federal government assume responsibility for debts incurred by the states during the Revolutionary War?
- Debt assumption would increase make the power of the central at the expense of the individual states.
- The nation's credit rating would suffer.
- Nationalizing state debts meant that small-debt states bore a greater burden than large-debt states.
- The plan would discourage foreign investment in the United States.
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