Which of the Following Statements Is Most Consistent with Alexander

question 25

Multiple Choice

Which of the following statements is most consistent with Alexander Hamilton's broad-constructionist view of the Constitution?

• A) The Supreme Court is the ultimate and final arbiter of the meaning of the Constitution.
• B) Congress can choose any means not specifically prohibited by the Constitution to achieve a constitutional end.
• C) The president's emergency powers in times of crisis are virtually unlimited.
• D) In times of crisis, the separation of powers among the branches of the government may be temporarily suspended.

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Definitions:

Two Firms

Refers to a market situation often analyzed in oligopoly models where only two companies dominate the supply in the market.

Industry

A group of companies that operate in a specific sector of the economy, producing goods or services.

Cartel

A group of producers that agree to control prices and output levels to maximize collective profits, often at the expense of competition.

Industry Profits

The total earnings of companies within a particular sector, after subtracting the costs of production and operation.