If the Advertised Rate for a Bar of Soap on Sale

question 18

True/False

If the advertised rate for a bar of soap on sale is $1.50 and you pay the store $1.50, this is an example of a bargaining system.

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Definitions:

Federalism

A system of government in which power is divided between a central authority and constituent political units, like states or provinces.

Equal Protection Clause

A clause in the Fourteenth Amendment of the U.S. Constitution that prevents states from denying “the equal protection of the laws” to any citizen. This clause implies that all citizens are created equal.

State's Rights

The political powers reserved for U.S. states by the Constitution, distinct from those delegated to the federal government.

Checks and Balances

A system that allows each branch of a government to amend or veto acts of another branch to prevent any one branch from exerting too much power.