In Which Way Does the Judicial Branch Differ from the Legislative

question 28

Multiple Choice

In which way does the judicial branch differ from the legislative branch?

• A) The legislative branch cannot file a lawsuit, while the judicial branch can.
• B) The legislative branch can interpret the Constitution, which the judicial branch cannot.
• C) The legislative branch can initiate bills, whereas the judicial branch cannot initiate lawsuits.
• D) The legislative branch is unelected, whereas the judicial branch is elected.

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Definitions:

Velocity

The rate at which money is exchanged from one transaction to another and how much a unit of currency is used in a given period.

Aggregate Demand-Aggregate Supply Model

A macroeconomic model that explains price levels and the output levels of an economy through the relationship between aggregate demand and aggregate supply.

Long Run Equilibrium

An economic condition where all factors of production and costs are variable and the market is fully adjusted to any changes.

Short Run Equilibrium

A situation in economics where demand and supply are balanced at current prices within a short timeframe.