The Long-Run Aggregate Supply (LRAS) curve is vertical because it represents the economy's potential maximum output, which is not influenced by changes in prices (Aggregate Price Level) in the long run.
The Long-Run Aggregate Supply (LRAS) curve is vertical because it represents the total quantity of goods and services produced by an economy at full employment. This capacity is fixed in the long run as it is determined by factors such as capital, labor, technology, and natural resources available in the economy. Therefore, changes in the Aggregate Price Level have no effect on the quantity of aggregate output supplied in the long-run because output is already at its maximum, hence the vertical LRAS curve.
While option B suggests changes in Real GDP affect the quantity of aggregate output supplied greatly, which is true in the short run represented by short-run aggregate supply (SRAS) curve, but in the long run, the quantity of aggregate output supplied is independent of the price level, reflecting option D, which is why a LRAS curve is vertical.
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All of the Spanish colonies, except Cuba and Puerto Rico, achieved independence by the 1820s. The British Empire extended support to America because they wanted to stop the Spanish monopoly on trade with its territories in America. The United States announced war on Spain after the U.S. warship collapsed and sank on February 15, 1898, while visiting Havana, Cuba. In 1898, the United States was helped in the war by the British Empire to protect its residents and companies in Cuba. However, the United States attained success in the Spanish–American War with Spain, dismissing the Spanish colonial era. This war was known as the Spanish-American War.
Answer:
Great Ceremony: the one of Mid Winter or New Year. The Iroquois festivities are the celebration that involves both thankfulness for all the past and hopes for the future blessings of nature.
Explanation:
The celebration was composed of different rituals throughout the nine days of celebration, all revolved around a new beginning of the spiritual year. Each of the six tribes of the Confederation (Mowhawk, Oneida, Onondaga, Cayuga, Seneca e Tuscarora) took part, however there was no specific order for the events, and each of them could hold the celebrations on their part.
It usually began with the "Agitation of the ashes" and ended with a traditional closing ceremony.
The strategy sped up the war.
The strategy saved the lives of US soldiers.
Answer: Under the ordinance, slavery was forever outlawed from the lands of the Northwest Territory, freedom of religion and other civil liberties were guaranteed, the resident Indians were promised decent treatment, and education was provided for.
Explanation:
The debate over counting the slave population in the United States resulted in the Three-Fifths Compromise, which counted enslaved individuals as three-fifths of a person for representation and taxation. This arrangement caused an imbalance of power in favor of the slave-holding states and led to controversy around congressional reapportionment. This situation changed following the abolition of slavery, when formerly enslaved individuals were fully counted towards their state's populations.
The issue of counting the slave population arose during the birth of the United States. It was centered around the question of whether or not to count enslaved individuals as part of a state's total population for both representation and taxation purposes.
This debate resulted in the Three-Fifths Compromise in the 1787 Constitution, agreeing to count enslaved people as three-fifths of a person for congressional representation and taxation. This was a controversial compromise because it effectively gave additional political power to the slave-holding states.
As part of this compromise, Three-Fifths of the enslaved population would be counted when determining a state's population for taxation and representation. The north and south continued to disagree on whether the 'extra' population of enslaved people should be counted, resulting in an imbalance of power in the House of Representatives and the Electoral College. Despite the abolition of slavery, the effects of this arrangement persisted into the 1920s, creating controversy around the process of congressional reapportionment.
Last but not least, it's important to highlight the change in the political landscape following the abolition of slavery. Once slavery was abolished, the states that once benefited from the three-fifths counting rule now faced a challenging situation. These states had population increases with the formerly enslaved individuals being counted fully towards their respective states' total population.
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