The Necessary and Proper Clause Allowed the National Government to Expand

question 1

True/False

The necessary and proper clause allowed the national government to expand considerably the scope of its authority, although the process was a slow one.

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Definitions:

Aggregate Demand

The overall need for goods and services within an economic system at multiple pricing levels, over a certain duration.

Fed Buys Bonds

An action by the Federal Reserve to purchase government securities from the market to increase the money supply and lower interest rates.

Money Supply

The aggregate financial resources within an economy at a given point in time, including cash, coins, and the balances maintained in checking and savings accounts.

Aggregate Demand

The aggregate need for all products and services across an economy at different pricing points, during a defined timeframe.