Answer:
The great compromise satisfied both small and large states in the United States by directing that every state should have equal representation in the Senate and the House of Representatives.
Explanation:
When the United States Constituton was being framed in 1787, a point was reached where there was disagreement between small and large states on the issue of representation.
Delegates from larger states believed they should have more representation in both the Senate and the House of Representatives because they contribute more to the country's resources. The delegates from the smaller states disagreed and wanted equal representation.
The great compromise that was proposed and accepted was that, every state gets the same number of seats in the senate, but in the House of Representatives, seats would be assigned to each state in proportion to its population.
Answer:
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Explanation:
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Answer:
c. The maturity risk premium is zero.
Explanation:
Pure expectation theory states that the forward rate will represent expected future rate. Term structure is said to be a reflection of what the market expects future short term rates to be.
As future rates are expected to be the same as spot rates for that date, the theory is only applicable when there is no risk premium. That is the maturity risk premium is zero.
The answer is C. the gold resources there acquired from ...
