The Federalist Party Disappeared Altogether After Some Federalist Leaders

question 20

Multiple Choice

The Federalist Party disappeared altogether after some Federalist leaders

• A)worked toward the abolition of slavery in the Southern states.
• B)demonstrated pro-British sympathies during the War of 1812.
• C)became involved in highly publicized voter fraud and electoral scandals.
• D)set tariffs so low that the government had to default on its debts.

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Definitions:

Price Charge

The amount of money demanded by a seller for a product or service, essentially the cost to the buyer.

Marginal Revenue Curve

A graphical representation that shows how the addition of one more unit of a good or service sold affects the total revenue of a business.

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity of that good consumers are willing to buy.

Long-Run Equilibrium

A state in economics where all factors of production and economic variables are in balance, and no external pressures are causing change.