As Written Documents, the State Constitutions Functioned in All of the Following

question 95

Multiple Choice

As written documents, the state constitutions functioned in all of the following ways EXCEPT

• A) to represent a fundamental law superior to ordinary legislation.
• B) as contracts that defined the powers of government.
• C) as an accumulation of laws, customs and precedents.
• D) to guarantee individual liberties, sometimes through a bill of rights.
• E) to transform the colonies into becoming new states.

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Definitions:

Nash Equilibrium

A situation in which economic actors interacting with one another each choose their best strategy given the strategies that all the other actors have chosen.

Price Effect

The impact that a change in the price of a good or service has on consumer demand for that good or service.

Oligopoly

A market structure characterized by a small number of firms that control the majority of the market share, leading to limited competition.

Prisoner's Dilemma

A scenario in game theory in which two individuals acting in their own self-interest do not produce the optimal outcome.