Which of the Following Is a True Statement About Loose

question 37

Multiple Choice

Which of the following is a true statement about loose constructionism?

• A)It was adopted by the Democratic-Republicans who opposed Hamilton's plan.
• B)Its application made the state governments more powerful than the federal government.
• C)It opposed the adaptation of the Constitution to suit contemporary requirements.
• D)It held that the Constitution should be flexible to accommodate new demands.
• E)Its execution stalled the establishment of the First Bank of the United States.

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Definitions:

Marginal Adjustment

Small, incremental changes made to a plan, system, or calculation in response to changes in circumstances or new information.

Marginal Changes

Small incremental adjustments to a plan of action, often analyzed in economics to understand the effects of slightly altering production, consumption, or investment.

Normative Economic Statements

Statements that reflect an opinion or judgment about what ought to be in the economy, focusing on what should happen or what ought to be.

Microeconomics: A Contemporary Introduction

An educational resource that provides an updated overview of the principles and applications of microeconomics.