To Encourage Virtue in Future Citizens, Thomas Jefferson and John

question 106

Multiple Choice

To encourage virtue in future citizens, Thomas Jefferson and John Adams

• A) asked for the Declaration of Independence to be read every month at the town square.
• B) proposed free public education.
• C) wanted church attendance to be mandatory.
• D) proposed that ministers become teachers in public schools.
• E) wanted a second revolution.

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Definitions:

Transaction Costs

Expenses incurred when buying or selling goods and services, which can include fees, taxes, and other charges.

Tax Implications

The effect that various financial decisions have on one's tax liability, including income generation, investments, and deductions.

Flotation Costs

Expenses incurred by a company in issuing new securities, including fees to underwriters, lawyers, and accountants.

Administrative Fees

Charges that cover the operational costs of managing investments or conducting transactions.