The Powers Under the U

question 35

Multiple Choice

The powers under the U.S.Constitution that give states authority to pass laws that promote the health,welfare,safety,and morals of their citizens are referred to as

• A)concurrent powers.
• B)discretionary powers.
• C)delegated powers.
• D)reserved powers.
• E)judicial reviewed powers.

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Definitions:

Interest Rate

The percentage of principal charged by the lender for the use of its money or the return earned on deposited funds.

Municipal Bonds

Debt securities issued by municipalities to finance public projects, such as building schools or highways, generally offering tax-exempt interest payments to investors.

Tax Advantage

Financial benefits that accrue due to preferential tax treatment of certain investments or transactions.

Corporate Bond

A type of debt security issued by corporations to raise capital, where the corporation promises to repay the principal along with interest at a specified future date.