The Antifederalists Argued That the Powers of the National Government

question 17

Multiple Choice

The Antifederalists argued that the powers of the national government should be limited by

• A)providing Congress with a larger grant of powers.
• B)decreasing the powers of the executive branch,especially those of the vice president.
• C)adding a bill of rights to the Constitution.
• D)preventing government from collecting revenue through taxation.

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Definitions:

MR = MC Output

The optimal output level for a firm where marginal revenue (MR) equals marginal cost (MC), commonly used to maximize profit.

Maximizing Profits

Maximizing profits is the process by which a firm adjusts its production and operational strategies to achieve the highest possible financial gain.

Reduce Output

A decision or strategy to decrease the quantity of goods or services produced by a company or economy.

Increase Output

To raise the quantity of goods or services produced within a given time period.