Federalism Is Best Defined as a System of Government

question 36

Multiple Choice

Federalism is best defined as a system of government

• A)where member nations meet in a multinational conference.
• B)in which power is divided between a national government and lower-level governments.
• C)in which the national government is funded through direct taxation of local governments.
• D)in which authority is divided into separate branches and each individual branch is given some power over the other branches.

---

Definitions:

Marginal Expenditure

The incremental cost associated with the purchase of an additional unit of a good or service.

Marginal Product

The increase in output that arises from an additional unit of input.

Marginal Revenue

The additional income generated from the sale of one more unit of a product or service.

Marginal Product

Marginal product is the additional output that is produced by adding one more unit of a specific input, holding all other inputs constant.