Read the Articles of Confederation and the Constitution at the National Archives link on the student website. Write a 1‚050- to 1‚400-word paper in which you discuss the following: • How the Constitution addressed the weaknesses in the Articles of Confederation • How the Constitution addressed the complaints in the Declaration of Independence • The Great Compromise and how representation of states in Congress is determined Include a more detailed discussion of one of the following topics
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In 1787‚ a couple of years after America broke away from England‚ the constitution we use today was made. Before‚ starting in 1777‚ the states operated under a government they called the “Articles of Confederation.” This government said that each state should have its own independence‚ and should operate within their own government. After 6 years‚ this government didn’t work well‚ because of civil unrest‚ bad trade‚ and inflation. A group of men led by George Washington‚ Thomas Jefferson‚ Alexander
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Econ 122B Problem Set 3 Name(Print)______________________ Due in class on March 3 UCI ID____________________________ 1. In class‚ we have talked about the following simple wage equation wage female u ‚ where female is a dummy that is equal to 1 if female‚ and 0 otherwise. Given the OLS estimates ˆ and ˆ for the above model‚ what are the OLS estimates for a model with a
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Problem Set 3 Problem Set 3 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 6. 1. Data for the market for graham crackers is shown below. Calculate the elasticity of demand between the following prices. Price of crackers Quantity Demanded (per month) $3 80 $2.5 120 $2 160 $1.5 200 $1 240 $1.00 - $1.50: Elasticity of demand equals .45; favoring inelasticity $1.50 - $2.00: Elasticity of demand equals .78; favoring inelasticity $2.00 - $2.50: Elasticity of demand equals 1.29; favoring
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Problem Set 3 1. Louise McIntyre’s monthly gross income is $2‚000. Her employer withholds $400 in federal‚ state‚ and local income taxes and $160 in Social Security taxes per month. Louise contributes $80 per month for her IRA. Her monthly credit payments for VISA‚ MasterCard‚ and Discover card are $35‚ $30‚ and $20‚ respectively. Her monthly payment on an automobile loan is $285. What is Louise’s debt payments-to-income ratio? Is Louise living within her means? Louise’s Gross Income | =
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Experimenting with Confederation Americans Debate Republicanism Colonies Become States British settlers in the north founded colonies with their own governor‚ council and colonial assembly This system encouraged people to think of the colony as the primary political unit Citizens’ allegiance was to the colony in which they lived The Revolutionary War gave colonies a common goal However as they became states‚ they were reluctant to unite under a strong central government America needed to
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The management of Wheeler Company has decided to develop cost formulas for its major overhead activities. Wheeler uses a highly automated manufacturing process‚ and power costs are a significant manufacturing cost. Cost analysts have decided that power costs are mixed; thus‚ they must be broken into their fixed and variable elements so that the cost behavior of the power usage activity can be properly described. Machine hours have been selected as the activity driver for power costs. The following
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others contend that a powerful central government will inevitably become a tyranny. Although the United States would wholeheartedly embrace the idea of a loose alliance of independent states at first‚ the many glaring problems that the nation faced under the Articles of Confederation would quickly change the minds of many Americans. Indeed‚ the nation ’s confederal system of government was eventually rejected and replaced by federalism‚ a political philosophy that calls for a sharing of power between
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Comprehensive Problem 67 (Ch. 5) Ken is 63 years old and unmarried. He retired at age 55 when he sold his business‚ Understock.com. Though Ken is retired‚ he is still very active. Ken reported the following financial information this year. Assume Ken’s modified adjusted gross income for purposes of the bond interest exclusion and for determining the taxability of his Social Security benefits is $70‚000 and that Ken files as a single taxpayer. Determine Ken’s 2009 gross income. a. Ken won $1
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Problem Set 3 Macroeconomics‚ ECON 2123 Sections L3 and L4 P. Sen Posted 9.11.14. Due 5 PM 17.11.14. ----------------------------------------------------------------------------------------------------------------------------------- 100 marks total Part I: True/False/Uncertain Please justify your answer with a short argument for each question and draw a diagram if necessary. (25 marks‚ 5 marks each: 2 marks for correct judgment and 3 marks for correct argument) 1. Suppose that workers in the Republic
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