________ Powers Are Specifically Established by the Language of the Constitution

question 52

Multiple Choice

________ powers are specifically established by the language of the Constitution.

• A)Expressed
• B)Delegated
• C)Implied
• D)Inherent

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Definitions:

Household Debt

The total amount of money owed by all members of a household, including mortgages, credit cards, and other loans.

Reserve Assets

Funds or other assets held by a central bank or monetary authority to back its liabilities and support the stability of its currency.

Adjustable Rate Mortgages

A type of mortgage loan where the interest rate can change, typically in relation to an index, and thus monthly payments can increase or decrease.

Economic Efficiency

The optimal allocation of resources to maximize output and meet the population's needs and wants.