The Right of a State's Reserved Powers Is Guaranteed by the

question 67

Multiple Choice

The right of a state's reserved powers is guaranteed by the

• A)supremacy clause.
• B)elastic clause.
• C)Tenth Amendment.
• D)full faith and credit clause.
• E)Eleventh Amendment.

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Definitions:

Study of Finance

The discipline that concerns the management, creation, and study of money, banking, credit, investments, assets, and liabilities.

Real Assets

Physical or tangible assets that have intrinsic value, such as real estate, commodities, and natural resources.

Financial Assets

Assets that derive value from a contractual claim, such as bank deposits, bonds, and stocks.

Goods and Services

refers to the output of an economy that can be physically consumed (goods) or experienced (services), and form the basis for economic transactions.