Which of the Following Is True of the Federal System

question 33

Multiple Choice

Which of the following is true of the federal system in the United States?

• A) The states have most of the power.
• B) Local governments create the state governments.
• C) Governmental programs are mostly the exclusive responsibility of the federal government.
• D) There are 50 separate state governments and one national government.
• E) The states are creatures of the national government.

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Definitions:

Absolute Advantage

The capacity of a person, business, or nation to manufacture a product or provide a service more effectively than its rivals utilizing the same quantity of resources.

Gains From Trade

Gains from trade are the benefits obtained by countries or individuals from engaging in international trade, allowing them to consume or produce beyond their domestic capabilities.

Factor Market

A marketplace where factors of production (land, labor, capital, entrepreneurship) are bought and sold, affecting the prices and allocation of these resources.

Resource

Anything, such as land, labor, and capital, that can be used to produce something else; includes natural resources (from the physical environment) and human resources (labor, skill, intelligence).