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:

Highly Automated Industries

Sectors that rely extensively on automation and machinery to produce goods or deliver services with minimal human intervention.

Operating Leverage

The degree to which a firm or project can increase operating income by increasing revenue, a measure of how revenue growth translates into growth in operating income.

Operating Income

This income represents the profit from a company's core business operations, excluding the deduction of interest and taxes.

Break-even Point

The level of production or sales volume at which total revenues equal total expenses, resulting in no profit or loss.