The Framers of the Constitution Intended to Create a Presidency

question 30

Multiple Choice

The framers of the Constitution intended to create a presidency capable of:

• A) completely dominating Congress
• B) withstanding excessive popular pressure by making it subject to indirect election through the electoral college
• C) spending money with little interference from any other branch of government
• D) regulating all forms of commerce
• E) declaring war on any country that posed a threat to American national security

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Definitions:

Price-Searcher Firm

A company that operates in a market with differentiated products and has some control over the price of its product because it faces a downward-sloping demand curve.

Profit Maximization

is the process or strategy by which a firm adjusts its production and sale levels to achieve the highest possible profit.

Price Takers

Firms or individuals who accept the market price as given and have no influence to change it.

Product Variety

The range of different goods or services offered by a company or available in a market.