Which of the following is the best definition of federalism?
a. A constitutional arrangement by which two or more levels of government share formal authority over the same area and people.
b. A constitutional arrangement concentrating power in a central government.
c. A loose association of states constitutionally created by a strong central government.
d. A loose association of states with mutually recognized compacts but no central government.
a
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The U.S. Supreme Court has a history of discussing ethical principles when interpreting the Due Process Clause
Indicate whether the statement is true or false
Monetary policy relies heavily on the manipulation of __________ to promote economic growth
A)taxing and spending B)interest rates and the money supply C)tariffs and trade barriers D)regulations and sanctions
As evidenced in James Madison's Federalist No. 10, he was cautious regarding
A) the right of people to vote because they tended to rely on emotion rather than rationality. B) factions, by which he meant groups of people motivated by a common economic and/or political interest. C) the office of president. D) the ability of the people to amend the Constitution and thus, in Madison's opinion, to undermine its authority. E) state powers.
People who advocate using monetary policy are seeking to do which of the following?
a. affect how much money is available to businesses and banks b. control the amount of public debt sold to foreign states c. control the interest rates on money lent to foreign states d. equalize income disparity among citizens of the United States