Which of the Following Would Best Describe a Federal System

question 5

Multiple Choice

Which of the following would best describe a federal system of government?​

• A) ​A national government with authority, independent of the states, to coin money; and state governments with authority, independent of the national government, to conduct elections.
• B) ​A national government that has granted to states the ability to make local decisions.
• C) ​A national government that has received authority from sovereign, independent states, to conduct foreign policy.
• D) ​An absolute lack of any governmental institutions within society.
• E) ​None of these choices is correct.

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Definitions:

365-Day Year

A conventional method used in finance that assumes all years have 365 days for the purpose of interest calculation.

Exact Simple Interest

Interest calculated precisely on the principal amount, without compounding, for a specific time period.

365-Day Year

A reference to a full calendar year consisting of 365 days, typically excluding leap years which have 366 days.

Exact Simple Interest Rate

The percentage of the principal amount (the initial sum of money borrowed or invested) that is paid as interest for a specified period, not accounting for compound interest.