In the United States,the Government Cannot Take a Citizen's Property

question 23

Multiple Choice

In the United States,the government cannot take a citizen's property without just cause and compensation.This is an example of

• A) a property right.
• B) capitalism.
• C) a weak state.
• D) democracy.

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Definitions:

Aggregate Demand

The total demand for all goods and services within an economy at different price levels, during a specified time period.

Investment Spending

The expenditure on capital goods including buildings, machinery, and equipment, which are used to produce goods and services in the future.

Aggregate Supply Curve

A graph that shows the relationship between the overall price level in the economy and the total output (GDP) that firms produce and sell, at all possible price levels.

Trade Restrictions

Measures imposed by governments to regulate international trade, including tariffs, quotas, and embargoes.