Because of a recession in Japan, net exports from the United States decrease by $10 billion. If the MPC is 0.75, how much less spending will occur in the U.S. economy in the second “round” of spending?
According to The Federalist Papers, in which of the following ways did the Articles of Confederation allow the
majority to overrule the minority? I. A majority of the states could prevent the passage of new legislation to strengthen the confederacy. II. Nine of thirteen states, rather than a majority of the people, could control foreign affairs III. The popular election of the powerful executive threatened the less populous states