Which of the Following Is an Argument Against the Use

question 234

Multiple Choice

Which of the following is an argument against the use of a federal system in the U.S.?

• A) Divergent regulations can cause bad effects that spillover from one to another state.
• B) Officials in local government are much better able to understand the needs, problems, and concerns of the people than are national government officials.
• C) States can be laboratories where policy experiments can be carried out.
• D) In a large and diverse country, the needs, wants, and conditions of one place may differ from those in other places.
• E) none of the above

---

Definitions:

Domestic Investment

The total spending on capital within a country, including investments in machinery, infrastructure, and technology, by the private and public sectors.

Foreign Assets

Financial assets held in a country other than where the investor is based, including stocks, bonds, and real estate.

Country's Saving

The portion of a country's income that is not consumed by individuals or government spending, but instead is set aside for future investment or expenditures.

Exchange Rate

The comparison value of one currency when exchanged for another.