Under the Articles of Confederation, Congress Was Able to

question 30

Multiple Choice

Under the Articles of Confederation, Congress was able to

• A) establish national control over land to the west of the thirteen states.
• B) select a president to enforce the laws of the national government.
• C) create a new tax policy that would better fund the government.
• D) eliminate a provision giving judges power to reject congressional acts.
• E) block the passage of numerous constitutional amendments.

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Definitions:

Discounted Payback Period

The time period required for the return on an investment to cover the cost, taking the time value of money into account.

Cash Inflows

Money or other forms of capital coming into a business, often from sales, investments, or financing activities.

Required Rate

The minimum annual percentage return on investment demanded by investors or lenders.

Payback Period

The duration required for an investment to produce income or cash flows equal to the investment's initial cost.