ONER, CHAPTERS 8, AND 10. Perspectives you will need to learn how to answer the
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ONER, CHAPTERS 8, AND 10. Perspectives you will need to learn how to answer the fo American history. To do this well, you will need to take good notes during lecture, read your textbook, review the slide shows your professor shows in class, and likely, work in a study group. and eras in 1. What was the Federalist Ropublic? 2. What kind of a president was George Washin he a casual president or did he treat the office with a special dignity? How did 3. What were the opposing visions for the United States that arose during the Washington Administration from: Alexander Hamilton 4. How did the US resolve to fund the national debt? Why was this so important? 5. What compromis e led to the placement of Washington DC7 6. What was the purpose of the National Bank? Iseosao, nk for 7. How was US manufacturing encouraged during the Federalist era? 8. What was the Whiskey Rebellion and how was it resolved? 9. What did Washington say in his farewell address regarding uS alliances and regional disputes? Which of these admonitions did Americans pay heed to? 10, what was the Quasi war with France?mich wond us ahl inter tar liteotus! (mrd Vf 1. What were the Alien and the Sedition Acts? What was the political response to them from both su 12. Who was Eli Whitney and how did his contributions to American technology (there were more than one) transform the national economy? 13. Who was Samuel Slater and why was he important for the American economy? 14. What was the Revolution of 1800 and just how much of a revolution was it in fact?-know several examples to support your answer 15. What was the Second Great Awakening and what were some of the sects that arose during this movement? What was Mormonism and what were some of the reasons it was both successful and attacked? 16. What was the significance of the Supreme Court case Marbury vs. Madison? 17. What was the significance of the Lewis and Clark expedition? Who initiated it and what was the name of the young woman who assisted the explorers and likely saved them? 18. What was the Non-importation Act of 1806 and the Embargo Act of 1807 and were they successful? 19. Why did the US end the importation of slaves in the early 1800s? 20. What were the origins and outcome of the War of 1812? Who was Tecumseh and what was his significance in the war with Britain that occurred during the 1810s? What was the Hartford Convention? What was the significance of the Battle of New Orleans and the Treaty of Ghent? 21. What was the Era of Good Feelings? What happened to the Federalists? 22. What was the significance of the Louisiana Purchase regarding international politics, US presidential authority and the expansion ofExplanation / Answer
7. Answer A. S=Y-C, where Y=GDP, S= Saving, C= Consumption
8. Answer B. MPC= Change in consumption/Change in income= 1500/2000=0.75
9. Answer B. MPC+MPS=1
10. Answer B. It shows a positive relation between consumption expenditure and disposable income.
11. Answer C. This is dissaving, because you are spending more than your disposable income.
12. Answer A. Along a Linear consumption function APC falls with increase in income.
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