What Are the Differences Between Federal, Unitary, and Confederal Systems

question 56

Essay

What are the differences between federal, unitary, and confederal systems? Make sure to give a definition and an example of each system. What are some advantages and disadvantages to each system? In weighing the advantages and disadvantages, which system seems to work best and which one seems to work worst? Explain.

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Definitions:

High-Low Method

A technique that uses the highest and lowest total costs as a basis for estimating the variable cost per unit and the fixed cost component of a mixed cost.

Productive Month

A period during which a company or individual achieves significant production or operational outcomes relative to goals.

Total Fixed Costs

The sum of all costs that remain constant regardless of the level of production or business activity.

Insurance Premiums

The amount paid for insurance policies, covering risks over a period.