Under the Supremacy Clause, a Valid Federal Statute or Regulation

question 44

True/False

Under the supremacy clause, a valid federal statute or regulation will preempt a conflicting state or local law or regulation on the same general subject.​

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Definitions:

Federal Government

The national government of a federal country, where powers are divided among a central authority and constituent political units.

Private Investment

Expenditures by private sector entities on means of production, such as infrastructure or equipment, intended to yield future returns.

Prosperity

A state of economic growth and stability, characterized by high levels of employment, income, and consumer confidence.

Crowding-In Effect

An economic theory suggesting that increased government spending leads to an increase in private sector investment.