Answer:
The North wanted the new states to be “free states.” Most northerners thought that slavery was wrong and many northern states had outlawed slavery. The South, however, wanted the new states to be “slave states.” They didn't want to give up their way of life
This economy would be a rough example of a "controlled economy", since the government seems to be making it illegal for another other business to compete with this existing company.
Answer:
hhahahha i need my points on my alt account
Explanation:
Answer: Interest accrues given more time
Explanation:
Income-based repayment plans are usually for those who don't make a lot of money and so would like to pay smaller instalments towards debt repayments. These plans will cap the monthly instalments to between 10% - 20% of her income.
The problem with these however is that with lower monthly/periodic payments, the debt will take longer to be paid off. This will give interest more time to accrue on the debt and will ultimately result in her paying more than she would have if she doesn't use income-based repayment plans.
Answer:
Explanation:
In a passage that could serve today as a principled tweet of moral guidance, Washington warned against “ungenerously throwing upon posterity the burden which we ourselves ought to bear.”
He further reminded his fellow countrymen, and by extension today’s citizens and policymakers, that “towards the payment of debts there must be revenue; that to have revenue there must be taxes; that no taxes can be devised which are not more or less inconvenient and unpleasant.” This “choice of difficulties,” he noted, “ought to be a decisive motive for a candid construction of the conduct of the government in making it, and for a spirit of acquiescence in the measures for obtaining revenue, which the public exigencies may at any time dictate.” In modern times, we would call this a “pay-as-you-go” philosophy. It is a philosophy that is now very much at risk.
When Washington said we should “cherish public credit,” he was not saying that we should pile it on but that we should “use it as sparingly as possible” to avoid “the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertion in time of peace to discharge the debts which unavoidable wars may have occasioned.” Washington also called for citizen engagement and understanding of budgetary issues, observing: “The execution of these maxims belongs to your representatives, but it is necessary that public opinion should co-operate.”
