The Theory That Defines the State and National Governments as Essentially

question 47

Multiple Choice

The theory that defines the state and national governments as essentially separate from each other and carrying out independent functions is ______.

• A) cooperative federalism
• B) dual federalism
• C) separation-of-powers federalism
• D) federalism
• E) independent federalism

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Definitions:

Marginal Physical Product

It is the additional output generated by employing one more unit of a specific input, keeping other inputs constant.

Marginal Product

The additional output resulting from the use of an additional unit of a variable input, holding all other inputs constant.

Wage Rate

The amount of money paid to an employee per unit of time, often per hour or per year, for labor services.

Marginal Product of Labor

The additional output produced as a result of adding one more unit of labor, all else being constant.