If Congress Passes a Law Because of "Foregoing Powers," It

question 40

Multiple Choice

If Congress passes a law because of "foregoing powers," it is likely based on the _________ of the Constitution.

• A) commerce clause
• B) necessary and proper clause
• C) equal protection clause
• D) general welfare clause
• E) amendment clause

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Definitions:

Aversion

A strong dislike or disinclination towards something.

SML

Stands for Security Market Line, which represents the expected return of investments as a function of their risk, as measured by beta.

Equity

The value of an ownership interest in property, including shareholders' equity in a corporation, representing assets minus liabilities.

Debt

An amount of money borrowed by one party from another, often used to make large purchases that they could not afford under normal circumstances.