Which of the Following Is an Argument in Favor of Federalism

question 26

Multiple Choice

Which of the following is an argument in favor of federalism?

• A) States may pursue unworthy policy goals.
• B) In a large and diverse country, the needs, wants, and conditions of one place may differ from those in other places.
• C) Americans know more about the national government than about their local government.
• D) Only the federal government can issue mandates.
• E) Divergent regulations can cause bad effects that spillover from one to another state.

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Definitions:

Creditors

Individuals, organizations, or entities that have lent money or extended credit to another party, and thus are owed repayment of the principal amount plus any applicable interest or charges.

Recourse

A provision that allows a lender to seek financial compensation from a borrower if default occurs.

Capital Contributions

Funds or assets contributed to a company or partnership by owners or partners to increase its capital stock or equity.

Net Income

The net income of a company once all costs, taxes, and expenses are deducted from the total revenue.