1) Why is America a republic?
2) How has Western culture and Christianity contributed to American government?
3)Why are elections in the United States longer, more expensive, and more candidate-centered than in European democracies?
4) Knowing that the right to vote has been such a hard-fought entitlement, why do so few Americans participate in elections?© BrainMass Inc. brainmass.com October 25, 2018, 4:15 am ad1c9bdddf
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American History - Short Questions
I will go through your questions one by one and give you an explanation along with a summary of the concepts addressed.
Why is America a republic?
First let's look at what 'republic' means. A republic is not the same as a democracy, although many people use this term interchangeably. In a republic, the definitive foundation of power lies with a charter. It is a state in which the people maintain ultimate control over the government and most decisions of the government are made by using the established laws of the state as a reference and not by the direct control of a single person like the head of state or a dictator.
America is considered a republic because it has a political system in which the people elect representatives who in turn exercise power for them - Sovereignty resides with the people. (Note that the people have the definitive foundation of power through their vote.) America does not have a king or a queen as a head of state but rather a president and elected representatives to govern their state. America has been a republic since the adoption of the Constitution - The United States shall guarantee to every State in this Union a Republican Form of Government (Article IV - Section 4 of the U.S. Constitution). In practice, America has become a representative democracy also called a democratic republic based on the fact that people elect representatives to make decisions for ...
This is a four part solution regarding the American government. This fist one addresses why America is a republic; the second question deals with how has Western culture and Christianity contributed to American government; the third solution provides a guideline as to why elections in the United States longer, more expensive, and more candidate-centered than in European democracies; and the fourth part of the solution deals with the right to vote and why so few Americans participate in elections.
Some economics short questions
I need answer for #1 this evening and the rest no later than Sunday evening.
1. Do you think the economy is in or in danger of falling into a recession then expansionary monetary policy is the correct course of action. If you think the economy is in danger or experiencing a period of inflation than contractionary policy is the correct course of action. Also state the policy tool you would use and how it would be used to enact the policies that will expand, contract or maintain the economy. (Opinion)
Be careful to identify the positive reasons for your normative position.
(1 paragraph answer is sufficient)
2. Suppose the Fed increased the money supply to $1,800 billion. What would happen to equilibrium price and quantity? (Short answer)
Suppose a business had a project that would return 7.9% on its investment. If the Fed increased the money supply to $1,800 billion, would this firm undertake this project? (Short answer)
The Graphs are located here http://highered.mcgraw-hill.com/sites/0072819359/student_view0/chapter15/interactive_graphs.html
3. Identify the normative policy school (Keynesian, New Classical, Supply Side, Monetarist, or Mainstream) which most closely represents your own normative policy views. Defend your position and offer at least one counterargument to the alternative schools. (1 paragraph)
4. What effect will an increase in government spending have in the short-run and in the long-run? Explain why the long-run adjustment occurs. - (Short answer)
Identify who invented the "equation of exchange" together with an explanation of it, specifically, explain under what conditions an increase in the money supply would lead to only higher prices, higher prices and increased output, and increased output with no change in the price level. - (Short answer)
Graphs are located here: http://highered.mcgraw-hill.com/sites/0072819359/student_view0/chapter16/interactive_graphs.html
5. Currently 50% of US and Brazilian production is devoted to wheat and coffee. What would happen to total output of wheat and coffee given the following levels of production of coffee and wheat respectively:
a. US 25% & 75%, Brazil 75% & 25% ?
b. US 0% and 100%, Brazil 100% & 0%?
c. Where is total output the highest and why?
6. identify the persons who came up with the ideas of:
a. the real GDP price index
b. the concept and measurement of "Business Cycles" -
c. the idea of "real interest rates."
Please explain the theories these people proposed.
7. Explain what happens if government spending increases by $400 billion.
Hit Reset and explain what happens if investment spending decreases by $200 billion.
Hit Reset and explain what happens if government spending increases by $400 billion and taxes decrease by $400 billion.
For this economy what is the MPC, MPS and the multiplier?
Graph is located here: http://highered.mcgraw-hill.com/sites/0072819359/student_view0/chapter10/interactive_graphs.html
8. Name the person and answer the desciption
a. the "American Keynes" and a description of Keynesian economic policies,
b. the popularizer of the idea of "Complete Crowding Out" and a description of the implications of this concept,
c. he who first articulated the idea of "functional finance" and a description of the theory as well as two competing theories. The competing theories are in the beginning of the chapter.