Which Statement About New Federalism Is Not True

question 15

Multiple Choice

Which statement about new federalism is not true?

• A) New federalism was launched by President Nixon and continued by President Reagan.
• B) New federalism is based on the idea that decentralization of responsibility enhances administrative efficiency.
• C) United States v. Lopez is a Supreme Court ruling that advanced the logic of new federalism.
• D) President Reagan was able to promote new federalism consistently throughout his
• E) administration.

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Definitions:

Aggregate Quantity

The total amount, sum, or volume of goods or services produced or supplied in an economy at a given overall price level and time.

Keynesian Analysis

This approach focuses on the total spending in the economy and its effects on output and inflation, as per the theories of economist John Maynard Keynes.

Macroeconomic Equilibrium

A state in which aggregate supply equals aggregate demand, leading to an economy operating at its full capacity.

Aggregate Purchases

The total amount of goods and services bought in an economy over a specific period of time.