At the equilibrium price and quantity, there is neither a surplus nor a shortage of the product. How does price affect a seller's decision to produce a product? If the price consumers are willing to pay for a product is high, producers will produce more of that product.
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Washington means that the citizens have had a bit too much trust in the U.S. government without considering that while we have freed ourselves from the British, there is still a chance that this government could also become corrupt under the hands of the wrong American leaders.
It preserved an executive committee rather than adopting a singular president.
Jacksonian Democracy had its root in the Jeffersonian belief in the worth of the individual.
