Which of the Following Is True in a Balanced Government

question 11

Multiple Choice

Which of the following is true in a balanced government?

• A)No single interest dominates.
• B)The president and Congress have no shared powers.
• C)State governments can veto laws of the national government.
• D)The people must approve constitutional amendments by popular vote.

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Definitions:

Binding Price Floor

A government-imposed price control that sets a minimum price for a good or service, above the equilibrium price, causing a surplus.

Price Paid

The amount of money exchanged for a product or service at the time of purchase.

Quantity Sold

The total number of units of a product or service purchased by consumers over a specific period.

Price Ceiling

A legally established maximum price that can be charged for a good or service, aimed at preventing prices from rising too high.