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3 years ago

12

Which would you most likely find a smaller amount of in a government budget than in a personal or household budget?

2 answers:

shusha [124]3 years ago

6 0

Which would you most likely find a smaller amount of in a government budget than in a personal or household budget?

The percentage of people affected by the budget who are responsible for making it

Lynn is at a store and wants to buy a new backpack that costs $55. She only has $35 with her, but she has the rest at home. Lynn also has a credit card that does not charge her any interest if she pays the balance in full by the end of the month. Why might Lynn want to wait until she has $55 in cash at the store to purchase the backpack, instead of using her credit card?

She might forget to pay the credit card bill, which would make her purchase more expensive due to interest payments and late charges.

Question 8(Multiple Choice Worth 3 points)

(American Money LO 7 MC)

Which of the following is true about the U.S. federal government's ability to borrow money?

The federal government can put money back into the economy during times of economic hardship without raising taxes.

Question 10(Multiple Choice Worth 3 points)

(American Money LO 3 MC)

In what way do mixed and market economies support the ideals of democracy?

Mixed and market economies protect individuals' ability to make their own economic decisions

Question 14(Multiple Choice Worth 3 points)

(American Money LO 4 MC)

Carl decides to keep his money under his mattress instead of putting it in the bank. If everyone made the same decision as Carl, what might the impact be on the national economy?

It would hurt economic growth because banks often lend money to borrowers who then put that money back into circulation.

Question 15(Multiple Choice Worth 3 points)

(American Money LO 4 MC)

Is a bank more likely to increase or decrease the amount of money in circulation?

A bank will increase the amount of money in circulation because it can help transfer money from people who want to save money to people who are going to spend it.

Question 16(Multiple Choice Worth 3 points)

Imagine an economy without banks. Would it be more or less difficult for people to reach their financial goals?

More difficult, because it would be much harder for people to save money or obtain loans without banks.

Anna007 [38]3 years ago

5 0

Usually required to make a minimum deposit upfront. Depending on the bank and the type of account you’re opening this can be as little as $1. Aside from that, you don’t have to worry about any fees or additional charges

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3 years ago

After independence, what did each former colony first need to do?

navik [9.2K]

Answer:Although some believe that the history of the American Revolution began long before the first shots were fired in 1775, England and America did not begin an overt parting of the ways until 1763, more than a century and a half after the founding of the first permanent settlement at Jamestown, Virginia. In 1763, the end of the Seven Years’ War and the French and Indian War left England in control of Canada and all of North America east of the Mississippi. The colonies long accustomed to a large measure of independence, were now demanding more freedom. They had grown vastly in economic strength and cultural attainment, and virtually all had long years of self-government behind them.

The British government, which needed more money to support its growing empire, started a new financial policy. Money for the colonies’ defense was to be extracted from the colonists through a stronger central administration. This would come at the expense of colonial self-government. The colonists resisted the new taxes and regulations imposed by England, such as the Sugar Act, the Stamp Act, the Townshend Act or the Coercive Act. They insisted that they could be taxed only by their own colonial assemblies, and the colonists rallied behind the slogan “no taxation without representation.” The conflict escalated and King George III issued a proclamation on August 23, 1775, declaring the colonies to be in a state of rebellion. On July 4, 1776, the Continental Congress adopted a Declaration of Independence. Armed conflict between America and England lasted until 1783. Known as the Treaty of Paris, the peace settlement acknowledged the independence, freedom and sovereignty of the 13 former colonies, now states, to which Great Britain granted the territory west to the Mississippi River, north to Canada and south to Florida, which was returned to Spain.

The 13 colonies were now “free and united independent states” – but not yet one united nation. The success of the Revolution gave Americans the opportunity to give legal form to their ideals as expressed in the Declaration of Independence, and to remedy some of their grievances through state constitutions. As early as May 10, 1776, Congress had passed a resolution advising the colonies to form new governments. On a national level, the “Articles of Confederation and Perpetual Union” produced by John Dickinson in 1776, were adopted by the Continental Congress in November 1777, and they went into effect in 1781. The governmental framework established by the Articles had many weaknesses, for example the national government lacked the authority to set up tariffs, to regulate commerce and to levy taxes. It lacked sole control of international relations: a number of states had begun their own negotiations with foreign countries. Nine states had organized their own armies, and several had their own navies.

In May 1787, a convention met in Philadelphia to draft a new Constitution which established a stronger federal government empowered to collect taxes, conduct diplomacy, maintain armed forces and regulate foreign trade and commerce among the states. The Constitution divides the government into three branches, each separate and distinct from one another. The powers given to each are delicately balanced by the powers of the other two; and each branch serves as a check on potential excesses of the others. Within two years of its adoption, ten amendments, collectively known as the Bill of Rights, were added to the Constitution.

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3 years ago

Located on the Iberian Peninsula

Reptile [31]

The country being described would be "Spain," since this is the only other country the lies on this peninsula besides Portugal, and Spain was one of the dominant forces in New World conquest.

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3 years ago

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World War1 definition

Lesechka [4]

a war between the allies (Russia, France, British Empire, Italy, United States, Japan, Rumania, Serbia, Belgium, Greece, Portugal, Montenegro) and the Central Powers (Germany, Austria-Hungary, Turkey, Bulgaria) from 1914 to 1918.

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3 years ago

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What caused the texas revolution

Reptile [31]

Answer:

Refusal of many Texas.

Explanation:

The most immediate cause of the Texas Revolution was the refusal of many Texas, both Anglo and Mexican, to accept the governmental changes mandated by "Siete Leyes" which placed almost total power in the hands of the Mexican national government and Santa Anna.

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2 years ago