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3 years ago

Read the U.S. Constitution. Did our founding fathers do a good job in shaping the laws of the land? Explain.

Business

1 answer:

Verizon [17]3 years ago

8 0

Answer:

The founding fathers of the United States did a very good job in shaping the laws of the country, this can be seen in the fact that the U.S. Constitution is the oldest constitution still in place.

The founding fathers shaped the constitution inspired from the ideas of liberal philosophers like John Locke, Montesquieu, and Edmund Burke. They defended the idea of a federal republic, in which several states voluntarilly joined in a republican form of government with separation of powers.

The constitution did have some flaws though, for example, the issue of slavery was not properly established, and this led to the American Civil War decades later.

Besides, twenty seven admendments have been added to the original document in order to meet the national demands of a changing world.

In conclusion, while not a perfect document, the founding fathers did a very good job at writing the constitution.

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3 years ago

According to the demand-pull theory, inflation is caused by:

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Answer:

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Explanation:

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3 years ago

A machine is purchased on January 1, 2018, for $102,000. It is expected to have a useful life of eight years and a residual valu

allochka39001 [22]

Answer:

Depreciation expense 2019= $17,062.5

Explanation:

Giving the following information:

Purchase price= 102,000

Useful life= 8

Salvage value= 11,000

To calculate the depreciation expense under the double-declining balance, we need to use the following formula:

Annual depreciation= 2*[(book value)/estimated life (years)]

2018= 2*[(102,000 - 11,000)/8]= $22,750

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3 years ago

If bond interest expense is $800,000, bond interest payable increased by $8,000 and bond discount decreased by $2,000, how much

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3 years ago

After an extensive advertising campaign, the manager of a company wants to estimate the proportion of potential customers that r

spayn [35]

Answer:

1. Referring to Problem , the manager wants to know the value of the population so the manager uses the sample to estimate the population proportion.

a. True

2. Referring to Problem , point estimate of the population proportion is = 0.45.

a. True

3. Referring to problem , the sample proportion is = 0.45.

b. False

4. Referring to Problem, the manager wants to know the value for the population so the manager uses the sample to estimate the population value

b. False

5. Referring to Problem , the parameter of interest is 54/120 = 0.45.

a. True

Explanation:

a) Data and Calculations:

Sample of potential consumers = 120

Proportion of the sample who recognize the product = 54

Confidence level = 95%

Confidence interval = 0.36 to 0.54

Point estimate = 54/120 = 0.45

b) A point estimate of a population parameter estimates the population parameter as a single value. The point estimate of the sample mean, x, is also the point estimate of the population mean, μ. To get the sample proportion, one needs to know the population value. The sample value divided by the population value gives the sample proportion.

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2 years ago