(02.04 LC)Which of the following is true of the laws that developed in the southern colonies, such as Virginia?

(02.04 MC) If the CPI for a given year is 170 and the price of a basket of goods is $40 in the base year, what is the price of the basket in the given year?

(04.05 MC)Question refers to the excerpt below.”In a free government the security for civil rights must be the same as that for religious rights. It consists in the one case in the multiplicity of interests, and in the other in the multiplicity of sects. The degree of security in both cases will depend on the number of interests and sects; and this may be presumed to depend on the extent of country and number of people comprehended under the same government. This view of the subject must particularly recommend a proper federal system to all the sincere and considerate friends of republican government, since it shows that in exact proportion as the territory of the Union may be formed into more circumscribed Confederacies, or States oppressive combinations of a majority will be facilitated: the best security, under the republican forms, for the rights of every class of citizens, will be diminished: and consequently the stability and independence of some member of the government, the only other security, must be proportionately increased. Justice is the end of government. It is the end of civil society. It ever has been and ever will be pursued until it be obtained, or until liberty be lost in the pursuit.”Source: James Madison, Federalist No. 51, 1788Emphasis in the excerpt on the importance of a federal system that could protect civil rights was underscored most clearly in the early 1800s by the

(04.03 LC)The first industry to be shaped by the large factory system was

(04.06 MC) Suppose the reserve requirement is 10% with no excess reserves held with banks. What will the change in money supply be if the central bank purchases bonds worth $500 million from banks?

(04.02 MC)Question refers to the excerpt below.”he occasion has been judged proper for asserting, as a principle in which the rights and interests of the United States are involved, that the American continents, by the free and independent condition which they have assumed and maintain, are henceforth not to be considered as subjects for future colonization by any European powers.”Source: President James Monroe, Annual Message to Congress, 1823Which of the following principles was also part of Monroe’s message?

(05.01 MC)Question refers to the excerpt below.”We have not sought to extend our territorial possessions by conquest, or our republican institutions over a reluctant people. It was the deliberate homage of each people to the great principle of our federative union. If we consider the extent of territory involved in the annexation, its prospective influence on America, the means by which it has been accomplished, springing purely from the choice of the people themselves to share the blessings of our union, the history of the world may be challenged to furnish a parallel…We may rejoice that the tranquil and pervading influence of the American principle of self-government was sufficient to defeat the purposes of British and French interference…From this example European Governments may learn how vain diplomatic arts and intrigues must ever prove upon this continent against that system of self-government which seems natural to our soil, and which will ever resist foreign interference.”Source: James Polk, from the State of the Union Address, December 2, 1845President Polk’s remarks in this address most directly show strong support for which of the following ideas?

(02.03 LC)Why did the English believe land was the basis of liberty?

(01.09 LC)Which of the following describes a budget deficit?

(04.02 MC) Several major natural disasters disrupt supply lines and increase the expected inflation rate from 3% to 5%. If previously the real interest rate had been 6%, what is the new nominal interest rate?