According to the Compact Theory Advocated by Jefferson and Madison

question 43

Multiple Choice

According to the compact theory advocated by Jefferson and Madison  

• A) the national government was the creation of the thirteen sovereign states.
• B) nullification was an invalid policy.
• C) the Virginia and Kentucky resolutions were illegal.
• D) legislation such as the Alien and Sedition Acts was proper.
• E) individuals, not the states, created the federal government.

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Definitions:

Circular-Flow Diagram

A visual model of the economy that shows how dollars flow through markets among households and firms, symbolizing the interactions between different sectors of the economy.

Sector

A distinct part or area of the economy or a market, characterized by a specific subset of activities or goods.

Market

A place or system where buyers and sellers interact to trade goods, services, or resources.

Factor Market

A marketplace for the services of a factor of production (such as labor, capital, or land), where these services are bought and sold.