The Rational Relationship Test,used by the Courts to Determine Whether

question 29

True/False

The rational relationship test,used by the courts to determine whether a certain governmental power exercised impermissibly encroaches upon an interest the Constitution protects,is the most exacting of the three possible levels of scrutiny used.

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Definitions:

Opportunity Cost

The value of the next-best alternative when a decision is made; it's what is foregone to undertake a certain action.

Capital

Financial assets or their financial value, including funds in deposit accounts, as well as the machinery, buildings, or equipment used in producing goods and services.

Nondiversifiable Risk

A type of risk that cannot be eliminated through diversification and affects all investments across the market.

Weighted Average

A mean where each value in the data set is multiplied by an assigned weight before the final calculation is performed.