The Supremacy Clause

question 21

Multiple Choice

The Supremacy Clause:

• A)controls whether Congress or the states have the authority to regulate commerce.
• B)gives Congress full authority to regulate all areas of commerce.
• C)is never applied in state regulation cases.
• D)None of the above

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Definitions:

Diversified Investor

An investor who spreads investments across various asset classes to reduce risk.

Systematic Risk

The risk inherent to the entire market or market segment, also known as "market risk," which cannot be eliminated through diversification.

Market Beta

measures the volatility of an investment or portfolio relative to the overall market, indicating its sensitivity to market movements.

Treasury Bills

Short-term government securities issued at a discount from their face value, with maturities typically less than a year.