How Would a Textualist Approach Interpret a Congressional Statute

question 3

Multiple Choice

How would a textualist approach interpret a congressional statute?

• A) look for the plain meaning for the words at the time the law was enacted
• B) examine the legislative history carefully
• C) try to interpret the language as if the law were written today
• D) rely primarily on legal briefs to interpret various aspects of the law

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Definitions:

Opportunity Costs

The potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Accounting Profit

The difference between total revenue and explicit costs, indicating the financial gain recorded in the books of accounts.

Entrepreneurial Talent

The unique set of skills, creativity, innovation, and risk-taking abilities that entrepreneurs possess to start and manage businesses.

Implicit Costs

Non-out-of-pocket costs, often opportunity costs, that represent the lost opportunity to use resources in an alternative way.