The Agreement Reached in Drafting the U

question 42

Short Answer

The agreement reached in drafting the U.S. Constitution, which gave each state an equal vote in the Senate and a proportionate vote in the House, was known as the ____________________.

---

Definitions:

Corporate Profits Tax

A tax imposed on the income or profit of corporations.

Long Run

A time frame where every element of production and expenses can vary, enabling complete adaptation to any shifts.

Capital/Labor Intensity

A measure of the ratio of capital to labor in the production process, indicating whether an economy or sector relies more on capital investment or labor.

Corporate Profits Tax

A tax imposed by governments on the income earned by companies and corporations.